Please show work. Bentz Co. has two divisions, A and B. Invested assets and cond
ID: 2500356 • Letter: P
Question
Please show work.
Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the past year ended December 31 are as follows:
Division A
Division B
Revenues
$190,000
$125,500
Operating expenses
112,500
92,750
Service department charges
29,500
12,625
Invested assets
225,000
99,000
Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division.
Division A
Division B
Revenues
$190,000
$125,500
Operating expenses
112,500
92,750
Service department charges
29,500
12,625
Invested assets
225,000
99,000
Explanation / Answer
Please show work. Bentz Co. has two divisions, A and B. Invested assets and cond