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The Sales, Operating Income, and Invested Assets for Each Division

Question 129

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The sales, operating income, and invested assets for each division of Garner Company are as follows:  Operating  Invested  Sales  Income  Assets  Division E$3,000,000$470,000$2,500,000 Division F3,600,000430,0002,400,000 Division G6,000,000560,0003,000,000\begin{array} { l r r r } & & \text { Operating } & \text { Invested } \\ & \underline { \text { Sales } } & \underline { \text { Income } } & \underline { \text { Assets } } \\\text { Division } \mathrm{E} & \$ 3,000,000 & \$ 470,000 & \$ 2,500,000 \\\text { Division } \mathrm{F} & 3,600,000 & 430,000 & 2,400,000 \\\text { Division } \mathrm{G} & 6,000,000 & 560,000 & 3,000,000\end{array} ?
(a)Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division.Round to one decimal place.
(b)Which division is (are) the most profitable as per dollar invested?

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