1) Kurtz Logistics provides the following information:

operating income	$1,600,000
net sales	$15,000,000
average total assets	$2,000,000
Management target rate of return	25%

What is the company's profit margin ratio? 

2) Trainor Logistics provides the following information:

operating income	$1,550,000
net sales	$ 13,500,000
average total assets	$2,000,000
Management target rate of return	25%

What is the company's return on investment?

Answer rating: 100% (QA)

1 To calculate the profit margin ratio divide the operating income by the net sales and multiply b... View the full answer