Exercise 12-22 Return on Investment, Margin, Turnover

Data follow for the Construction Division of D. Jack Inc.:

	Year 1	Year 2
Sales	$148,500,000	$162,250,000
Operating income	8,910,000	8,112,500
Average operating assets	337,500,000	405,625,000

(Note: Round all answers to two decimal places.)

Required:

1.Compute the margin and turnover ratios for each year.

2.Compute the ROI for the Construction Division for each year.