Question: hello need help with cost according homework Exercise 12-22Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year 1
hello need help with cost according homework
Exercise 12-22Return 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.
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