Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales................................$ 92,100,000.............$ 98,750,000
Question:
Data follow for the Consumer Products Division of Kisler Inc.:
Year 1 Year 2
Sales................................$ 92,100,000.............$ 98,750,000
Operating income....................9,210,000.................7,900,000
Average operating assets.........307,000,000..............493,750,000
Required:
1. Compute the margin and turnover ratios for each year.
2. Compute the ROI for the Consumer Products Division for each year.
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1 Year 1 Year 2 Margin 9210000 92100000 010 or 1...View the full answer
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Related Book For
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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