Selfridge, Inc., presented two years of data for its Clothing Division and its Camping Division.

Required:
1. Compute the ROI and the margin and turnover ratios for each year for the Clothing Division. (Round your answers to four significant digits.)
2. Compute the ROJ and the margin and turnover ratios for each year for the Camping Division. (Round your answers to four significant digits.)
3. Explain the change in ROI from Year | to Year 2 for each division.LO1

Transcribed Image Text:

Clothing Division: Sales Operating income Average operating assets Camping Division: Year 1 Year 2 $3,400,000 $3,750,000 190,400 1,062,500 191,250 1,062,500 Year 1 Year 2 Sales $2,600,000 $2,680,000 Operating income 119,600 107,200 Average operating assets 1,000,000 1,000,000