Bentz Co Has Two Divisions, a and B

question 61

Essay

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:
a.Prepare condensed income statements for the past year for each division.
b.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.

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Definitions:

Public Distance

The physical distance considered appropriate or normal for interactions among strangers or in formal settings, typically about 12 feet or more.

Intimate Zone

A personal space area, typically reserved for close friends, family members, or romantic partners, characterizing the physical proximity individuals are comfortable with during private interactions.

Miscarriage

The spontaneous loss of a pregnancy before the fetus can survive outside the womb, typically before 20 weeks of gestation.

Prenatal Check

A medical examination and evaluation conducted during pregnancy to monitor the health of both the expectant mother and the developing fetus.