Margin, Turnover, Return on Investment Pelak Company had sales of $5,032,000, expenses of $4,607,000, and average...
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Margin, Turnover, Return on Investment Pelak Company had sales of $5,032,000, expenses of $4,607,000, and average operating assets of $3,690,000. Required: 1. Compute the operating income. 425,000 2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin Turnover 19.2 X % 1.4 3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. 26.9 X % Margin, Turnover, Return on Investment Pelak Company had sales of $5,032,000, expenses of $4,607,000, and average operating assets of $3,690,000. Required: 1. Compute the operating income. 425,000 2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin Turnover 19.2 X % 1.4 3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. 26.9 X %
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