Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.:...
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Accounting
Return on Investment, Margin, Turnover
Data follow for the Consumer Products Division of Kisler Inc.:
Year 1 | Year 2 | |||
Sales | $9,250,000 | $7,920,000 | ||
Operating income | 519,850 | 306,504 | ||
Average operating assets | 18,137,255 | 17,600,000 |
Required:
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.
Year 1 | Year 2 | |
Margin | ______% | ______% |
Turnover |
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
ROI year 1 | % |
ROI year 2 | % |
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