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Compute the division profit margin and investment turnover

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Reference no: EM131538735

Question: 1. Each retail store of Apple has several departments. Why is it useful for its management to (a) collect accounting information about each department and (b) treat each department as a profit center?

2. Palm delivers its products to locations around the world. List three controllable and three uncontrollable costs for its delivery department.

3. A company's shipping division (an investment center) has sales of $4,700,000, net income of $916,000, and average invested assets of $3,000,000. Compute the division's profit margin and investment turnover.

Reference no: EM131538735

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