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 % %
Turnover

2. Compute the ROI for the Construction Division for each year.

Note: Enter percentage to two decimal places.

ROI year 1 %
ROI year 2 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!