Question: Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,210,000 $7,900,000 Operating income 517,602
Return on Investment, Margin, Turnover
Data follow for the Consumer Products Division of Kisler Inc.:
| Year 1 | Year 2 | |||
| Sales | $9,210,000 | $7,900,000 | ||
| Operating income | 517,602 | 305,730 | ||
| Average operating assets | 18,058,824 | 17,555,556 | ||
Required:
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.
| Year 1 | Year 2 | |
| Margin | fill in the blank 1 % | fill in the blank 2 % |
| Turnover | fill in the blank 3 | fill in the blank 4 |
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
| ROI year 1 | fill in the blank 5 % |
| ROI year 2 | fill in the blank 6 % |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
