Question

Forchen, Inc., provided the following information for two of its divisions for last year:
Required:
1. For the Small Appliances Division, calculate:
a. Average operating assets
b. Margin
c. Turnover
d. Return on investment (ROI)
2. For the Cleaning Products Division, calculate:
a. Average operating assets
b. Margin
c. Turnover
d. Return on investment (ROI)
3. What if operating income for the Small Appliances Division was $2,000,000? How would that affect average operating assets? Margin? Turnover? ROI? Calculate any changed ratios (round to four significant digits).


$1.99
Sales1
Views106
Comments0
  • CreatedSeptember 01, 2015
  • Files Included
Post your question
5000