The Dry Wall Division reports the following operating data forthe past two years:Year 1...The...

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Accounting

The Dry Wall Division reports the following operating data forthe past two years:

Year 1 Year 2
Margin 15 % ?
Turnover 2.6 3
Average operating assets ? $ 150,500
Net operating income $ 40,500 ?
Stockholders’ equity $ 80,500 $ 125,500
Sales ? ?

The return on investment at the Dry Wall Division was exactly thesame in Year 1 and Year 2.

The margin in Year 2 was:

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Year 1 Year 1 Sales Net profit Margin Year 1 Sales 40500 15 Year 1 Sales 270000 Year 1 Average Operating asset Sales Turnover Year 1 See Answer

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In: AccountingThe Dry Wall Division reports the following operating data forthe past two years:Year 1...The Dry Wall Division reports the following operating data forthe past two years:Year 1Year 2Margin15%?Turnover2.63Average operating assets?$150,500Net operating income$40,500?Stockholders’ equity$80,500$125,500Sales??The return on investment at the Dry Wall Division was exactly thesame in Year 1 and Year 2.The margin in Year 2 was:

		Year 1			Year 2
Margin		15	%		?
Turnover		2.6			3
Average operating assets		?		$	150,500
Net operating income	$	40,500			?
Stockholders’ equity	$	80,500		$	125,500
Sales		?			?