Question: Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small


Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales Operating income Operating assets, January 1 Operating assets, December 31 Required 1. For the Small Appliances Division, calculate $41,604,000 3,744,360 6,394,000 7,474,000 $29,000,000 1,160,000 5,600,000 6,000,000 a. Average operating assets 6,934,000 V b. Margirn C. Turnover d. Return on investment (ROI) 2. For the Cleaning Products Division, calculate: 0.08 % 5 X 0.4 X % a. Average operating assets 5,800,000 V b. Margirn C. Turnover 5.4 X d. Return on investment (ROT 21.6 X %
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