Calculate profit margin for each division. Calculate investment turnover for each division. Calculate Return on Investment using the DuPont Formula.
Margin & Investment Turnover Calculation Minden Manufacturing Company is evaluating the results of two divisions: Eastern Western Division Division Sales 40,000,000 72,000,000 Operating income 4,000,000 6,480,000 Total Assets 20,000,000 18,000,000 Management expects each division to earn a 25% return on assets. Required: Calculate profit margin for each division. Calculate investment turnover for each division. Calculate […]