The sales, income from operations, and invested assets for each division of Gros

Question

The sales, income from operations, and invested assets for each division of Grosbeak Company are as follows: Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. Round profit margin to two decimal places, investment turnover to four decimal places and rate of return on investment to one decimal place. Division E Division F Division G Profit Margin Investment Turnover Rate of return on investment Which division is the most profitable per dollar invested?

Explanation / Answer

as, division F as highest return on investment, it is more profitable on per dollar invested.

Particulars div E Div F Div G profit margin 11% 17.92% 12.28% investment turnover 2.083 1.92 2.8 rate of return on investment 22.91% 34.4% 29.65%

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