22-12 a company’s shipping division..
Awerage invested assets Profit margin nvestment turnover Return on inwestment $1,400,000 8% 1.5 12% A company’s shipping division (an investment center) has sales of $2,420,000, and average invested assets of S2,250.000. Compute the division’s profit margin and investment tum net income of $5160%0 rofit margin nt turnover Classify each of the performance measures below into the most likely balanced scorecard perspectve t neasuresrelates to. Label your answers using C (customer), P (internal process). I (innovation and growthi ot F card (financial) 1. Customer wait time 2. Number of days of employee absences 3. Profit margin 4. Number of new products introduced 5. Change in market 6. Employee training 7. length of time raw ended in I
CALCULATE PROFIT MARGIN AND INVESTMENT TURNOVER
Profit margin = net income *100/sales
Profit margin = 21.32%
Investment turnover = sales /average invested assets
Investment turnover = 1.08 times