The sales, income from operations, and invested assets for each division of Garner Company are as follows:
$\begin{array}{llll}
\text {Invested}&\text { Income from}\
\text { Assets } & \text { Operations } & \text { Sales } & \
\$ 2,500,000 & \$ 470,000 & \$ 3,000,000 & \text { Division } E \
2,400,000 & 430,000 & 3,600,000 & \text { Division F } \
3,000,000 & 560,000 & 6,000,000 & \text { Division C }
\end{array}$ (a)Using the expanded expression, determine the profit margin, investment tumover, and rate of retum on investment for each division. Round to one decinal place.

(b)Which division is (are) the most profitable as per dollar invested?

Question

The sales, income from operations, and invested assets for each division of Garner Company are as follows:
 $\begin{array}{llll}
\text {Invested}&\text { Income from}\
\text { Assets } & \text { Operations } & \text { Sales } & \
\$ 2,500,000 & \$ 470,000 & \$ 3,000,000 & \text { Division } E \
2,400,000 & 430,000 & 3,600,000 & \text { Division F } \
3,000,000 & 560,000 & 6,000,000 & \text { Division C }
\end{array}$ (a)Using the expanded expression, determine the profit margin, investment tumover, and rate of retum on investment for each division. Round to one decinal place.

(b)Which division is (are) the most profitable as per dollar invested?

Quizplus · Accepted Answer

The Answer of The sales, income from operations, and invested assets for each division of Garner Company are as follows:
 $\begin{array}{llll}
\text {Invested}&\text { Income from}\
\text { Assets } & \text { Operations } & \text { Sales } & \
\$ 2,500,000 & \$ 470,000 & \$ 3,000,000 & \text { Division } E \
2,400,000 & 430,000 & 3,600,000 & \text { Division F } \
3,000,000 & 560,000 & 6,000,000 & \text { Division C }
\end{array}$ (a)Using the expanded expression, determine the profit margin, investment tumover, and rate of retum on investment for each division. Round to one decinal place.

(b)Which division is (are) the most profitable as per dollar invested?

The Sales, Income from Operations, and Invested Assets for Each