Data follow for the Construction Division of D. Jack Inc.: Required: 1. Compute the margin and turnover
Question:
Required:
1. Compute the margin and turnover ratios for each year.
2. Compute the ROI for the Construction Division for each year.
Transcribed Image Text:
Year 1 Year 2 52,000,000 Sales Operating income Averoge operating assets 57,750,000 7,507,500 200,000,000 262,500,000 7.280,000
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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