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HELP?!? QS 22-11 Performance measures LO A1, A2 Investment Center Sales Net inco

ID: 2585109 • Letter: H

Question

HELP?!?

QS 22-11 Performance measures LO A1, A2 Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment ? $ 10,400,000 $ 352,000 S $1,400,000 $ 7% 1.5 12% 8% 7% Complete the below table to calculate the missing amounts in the schedule above for two separate investment centers A and B. (Round Investment turnover to 2 decimal places.) Profit Margin Choose Numerator: Choose Denominator: Profit Margin Investment Center Profit margin 8.00% Investment Turnover: Choose Numerator: Choose Denominator: Investment Turnover Investment Center Investment turnover 1.50 Return on investment: Choose Numerator: Choose Denominator: | | Return on investment Investment Center | Return on investment 12.00%

Explanation / Answer

Profit Margin choose / Choose = profit numerator denomin margin Center net income     / sales A 352,000 4,400,000 8% B 832000 10,400,000 8% investment turnover choose / Choose = investment numerator denomin turnover Center sales / average I assets A 4,400,000 1,400,000 3.14 B 10,400,000 6933333 1.5 Return on investment choose / Choose = profit numerator denomin margin Center net income     / average I assets A 352,000 1,400,000 25% B 832000 6933333 12%