RETURN ON INVESTMENT, MARGIN, TURNOVER Data follow for the Construction Division of D. Jack Inc.: Year 1
Question:
RETURN ON INVESTMENT, MARGIN, TURNOVER Data follow for the Construction Division of D. Jack Inc.:
Year 1 Year 2 Sales $12,500,000 $10,000,000 Operating income 2,500,000 1,800,000 Average operating assets 5,000,000 5,000,000 Required:
. Compute the margin and turnover ratios for each year.
. Compute the ROI for the Construction Division for each year.
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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