Question: Exercise 12-5 Return on Investment (ROI) [LO12-1] Provide the missing data in the following table for a distributor of martial arts products: (Enter ROI answers
Exercise 12-5 Return on Investment (ROI) [LO12-1]
Provide the missing data in the following table for a distributor of martial arts products: (Enter "ROI" answers to one decimal place.)
| Division | ||||||
| Alpha | Bravo | Charlie | ||||
| Sales | $240,000 | |||||
| Net operating income | $28,800 | $34,485 | ||||
| Average operating assets | $479,000 | |||||
| Margin | 6 | % | % | 11 | % | |
| Turnover | 4.0 | times | times | times | ||
| Return on investment (ROI) | ||||||
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