Business
Business, 19.04.2021 15:50, lillecia

Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each division for the year ended December 31 are as follows: Division A Division BRevenues $190,000 $125,500Operating expenses 112,500 92,750Support department allocations 29,500 12,625Invested assets 225,000 99,000a. Prepare condensed income statements for the past year for each division. Bentz Co. Divisional Income StatementsFor the Year Ended December 31Division ADivision B $fill in the blank 392d51f94fce044_2$fill in the blank 392d51f94fce044_3 fill in the blank 392d51f94fce044_5fill in the blank 392d51f94fce044_6 $fill in the blank 392d51f94fce044_8$fill in the blank 392d51f94fce044_9 fill in the blank 392d51f94fce044_11fill in the blank 392d51f94fce044_12Operating income$fill in the blank 392d51f94fce044_13$fill in the blank 392d51f94fce044_14b. Using the DuPont formula, determine the profit margin, investment turnover, and return on investment (ROI) for each division. Round the profit margin percentage to two decimal places, the investment turnover to four decimal places, and the return on investment to one decimal place. Division A Division B Profit marginfill in the blank e220d6f33fcfff0_1%fill in the blank e220d6f33fcfff0_2%Investment turnoverfill in the blank e220d6f33fcfff0_3 fill in the blank e220d6f33fcfff0_4 Rate of return on investmentfill in the blank e220d6f33fcfff0_5%fill in the blank e220d6f33fcfff0_6%

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Bentz Co. has two divisions, A and B. Invested assets and condensed income statement data for each d...

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