Question: The Red Dision reports the following operating data for the past two years Margin Tumover Average operating assets Net operating Income Stockholders equity Sales Year
The Red Dision reports the following operating data for the past two years Margin Tumover Average operating assets Net operating Income Stockholders equity Sales Year 1 221 2.5 7 $65,120 $80,000 7 Year 2 7 3.0 $181000 7 $125,000 7 The return on Investment at Reed was exactly the same In Year 1 and Year 2. The margin in Year 2 was: (Round your intermediate calculation and final answer to 2 deckenal places.) 18.33% 09.17% O 30.33% 0 46.33%
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