Business, 01.06.2021 02:00 haidenmoore92

PDT Co. has two divisions, East and West. Invested assets and condensed income statement data for each division for the past year ended December 31 are as follows: East Division West Division Revenues $1,200,000 $800,000 Operating expenses 950,000 640,000 Service department charges 145,000 72,000 Invested assets 800,000 500,000 a. Prepare condensed income statements for the past year for each division. PDT Co. Divisional Income Statements For the Year Ended December 31, 20-- East Division West Division Revenues $fill in the blank 11afdb00e067f82_2 1,200,000 $fill in the blank 11afdb00e067f82_3 800,000 Operating expenses fill in the blank 11afdb00e067f82_5 950,000 fill in the blank 11afdb00e067f82_6 640,000 Operating income before service department charges $fill in the blank 11afdb00e067f82_8 250,000 $fill in the blank 11afdb00e067f82_9 160,000 Service department charges fill in the blank 11afdb00e067f82_11 145,000 fill in the blank 11afdb00e067f82_12 72,000 Operating income $fill in the blank 11afdb00e067f82_14 105,000 $fill in the blank 11afdb00e067f82_15 88,000 b. Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. Round your answers to two decimal places and do not enter the percent sign (for example, enter 10.25% as "10.25"). East Division West Division Profit margin fill in the blank b1615bfceff0052_1 % fill in the blank b1615bfceff0052_2 % Investment turnover fill in the blank b1615bfceff0052_3 fill in the blank b1615bfceff0052_4 Rate of return on investment fill in the blank b1615bfceff0052_5 % fill in the blank b1615bfceff0052_6 %

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PDT Co. has two divisions, East and West. Invested assets and condensed income statement data for ea...

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