Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Return on investment: Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent) (Round your final answers to 2 decimal places.) Investment Center A B Numerator: Numerator: $? $ 399,600 $ 1,480,000 Numerator: 1 1 1 10% ? 1 ?% B $ 11,200,000 Denominator: Denominator: $? $? Denominator: ?% 1.4 14% Profit Margin Profit margin 10.00 % % Investment Turnover = Investment turnover 1.40 Return on investment Return on investment % 14.00 %
Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Return on investment: Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent) (Round your final answers to 2 decimal places.) Investment Center A B Numerator: Numerator: $? $ 399,600 $ 1,480,000 Numerator: 1 1 1 10% ? 1 ?% B $ 11,200,000 Denominator: Denominator: $? $? Denominator: ?% 1.4 14% Profit Margin Profit margin 10.00 % % Investment Turnover = Investment turnover 1.40 Return on investment Return on investment % 14.00 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with show all calculation and do not give solution in image format thanku
Transcribed Image Text:Fill in the blanks in the schedule below for two separate investment centers A and B.
Investment Center
Sales
Income
Average assets
Profit margin
Investment turnover
Return on investment
Profit Margin:
Investment Center
A
B
Investment Turnover:
Investment Center
A
B
Return on investment:
Investment Center
Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent).
(Round your final answers to 2 decimal places.)
A
B
Numerator:
Numerator:
A
Numerator:
$?
$ 399,600
$ 1,480,000
10%
?
-
?%
B
$ 11,200,000
Denominator:
Denominator:
$?
$?
Denominator:
?%
1.4
14%
Profit Margin
= Profit margin
10.00 %
%
Investment Turnover
= Investment turnover
1.40
Return on
investment
= Return on investment
%
14.00 %
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