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	$35,000,000	$37,500,000
Operating income	1,400,000	1,500,000
Average operating assets	10,000,000	10,000,000

Houseware Division:

	Year 1	Year 2
Sales	$12,000,000	$12,500,000
Operating income	600,000	500,000
Average operating assets	5,000,000	5,000,000

Required:

Enter the ROI and margin ratios as whole percentage values (for example, enter 10% as "10"). 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	%	%
Year 2	%	%

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

	Houseware Division
	ROI	Margin	Turnover
Year 1	%	%
Year 2	%	%

3. Explain the change in ROI from Year 1 to Year 2 for the Furniture Division.

Explain the change in ROI from Year 1 to Year 2 for the Housewares Division.