Comfortable Carpets manufactures and installs various types of carpets for their customers. Comfortable Carpets had sales of

Question:

Comfortable Carpets manufactures and installs various types of carpets for their customers. Comfortable Carpets had sales of $1,200,000 for the year. They also have net operating income of $300,000, and average operating assets of $1,500,000.

Required
A. What is Comfortable Carpets’ margin and turnover for the year?
B. What is the ROI for the company?