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ROI, Margin, Turnover Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division Furniture Division: Sales Operating income Average operating assets Houseware Division: Year 1 Year 2 $36,110,000 $38,800,000 1,444,400 1,552,000 10,000,000 10,000,000 Sales Year 1 Year 2 $12,060,000 $12,645,200 Operating income 578,880 480,518 Average operating assets 5,000,000 5,000,000 Required: Round the ROI and margin percentages to two decimal places (for example, enter the decimal .10555 as "10.56" percent). Round the turnover ratio to two decimal places. Required: Round the ROI and margin percentages to two decimal places (for example, enter the decimal 10555 as "10.56" percent). Round the turnover ratio to two decimal places. 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division Furniture Division ROI Margin Turnover Year 1 % % Year 2 % 96 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division Houseware Division ROI Margin Turnover Year 1 96 % Year 2 96 96 3. Indicate the reason for change in ROI from Year 1 to Year 2 for the Furniture Division. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division

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