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ROI, Margin, Turnover

Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division.

Furniture Division:

	Year 1	Year 2
Sales	$35,870,000	$38,630,000
Operating income	1,506,540	1,622,460
Average operating assets	10,000,000	10,000,000

Houseware Division:

	Year 1	Year 2
Sales	$12,760,000	$13,291,000
Operating income	676,280	571,513
Average operating assets	5,000,000	5,000,000

Required:

Round the ROI and margin percentages to two decimal places (for example, enter the decimal .10555 as "10.56" percent). Round the turnover ratio to two decimal places.

1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division.

	Furniture Division
	ROI	Margin	Turnover
Year 1	fill in the blank 1 %	fill in the blank 2 %	fill in the blank 3
Year 2	fill in the blank 4 %	fill in the blank 5 %	fill in the blank 6

2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division.

	Houseware Division
	ROI	Margin	Turnover
Year 1	fill in the blank 7 %	fill in the blank 8 %	fill in the blank 9
Year 2	fill in the blank 10 %	fill in the blank 11 %	fill in the blank 12