(Answered) Problem - loreal reports the following for a recent year

Accounting

Problem - L'Oreal reports the following for a recent year for the major divisions in its cosmetics branch.

(€ millions)	Sales	Income	Total Assets End of Year	Total Assets Beginning of Year
Professional products	€5,150	€1,190	€2,940	€2,680
Consumer products	12,080	2,105	6,790	5,770
Luxury products	6,905	1,100	3,810	4,370
Active cosmetics	2,630	580	1,160	970
Total	€26,765	€4,975	€14,700	€13,790

Required -

1.1 Compute profit margin for each division.

1.2 Which L'Oreal division has the highest profit margin?

Professional products
Consumer products
Active cosmetics
Luxury products

2.1 Compute investment turnover for each division.

2.2 Which L'Oreal division has the best investment turnover?

Luxury products
Professional products
Consumer products
Active cosmetics

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