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Determine the profit margin and investment turnover

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Reference no: EM132527680

The sales, operating income, and invested assets for each division of Grosbeak Company are as follows:

                                   Sales                 Operating Income                     Invested

Assets

Division E                 $5,000,000                $550,000                        $2,400,000

Division F                4,800,000                   860,000                         2,500,000

Division G                  7,000,000                 860,000                            2,900,000

?Question 1: Using the DuPont formula, determine the profit margin, investment turnover, and return on investment for each division. Round profit margin percentage to two decimal places, investment turnover to four decimal places, and return on investment to one decimal place.

Reference no: EM132527680

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