Question: Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year 1 Year 2 $155,925,000 $154,137,500 7,301,250 Average operating assets
Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year 1 Year 2 $155,925,000 $154,137,500 7,301,250 Average operating assets 337,500,000 425,906,250 Sales Operating income 8,019,000 If required, round your answers to two decimal places. Required: 1. Compute the margin (as a percent) and turnover ratios for each year. Year 1 Year 2 Margin Turnover 2. Compute the ROI (as a percent) for the Construction Division for each year. While calculating ROI use the rou ROI year 1 ROI year 2 [ 2} x % 0.46 0.36 Check My Work 1.Margin s Operating incomel Sales Turnover SaleslAverage Operating Assets 2. Margin Operating Income Sales Turnover Sales Average Operating Assets ROI Learning Objective 2 0 more Check My Work uses remaining All work saved
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