Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000.
Calculate:
(a) The rate of return on investment for Division G.
(b) The profit margin for Division G.
(c) The investment turnover for Division G.

Question

Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000. 
Calculate: 
(a) The rate of return on investment for Division G. 
(b) The profit margin for Division G. 
(c) The investment turnover for Division G.

Quizplus · Accepted Answer

The Answer of Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000. 
Calculate: 
(a) The rate of return on investment for Division G. 
(b) The profit margin for Division G. 
(c) The investment turnover for Division G.