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1) Kurtz Logistics provides the following information: operating income $1,600,000 net sales $15,000,000 average total assets $2,000,000 Management target rate of return 25% What is

1) Kurtz Logistics provides the following information:

operating income

$1,600,000

net sales

$15,000,000

average total assets

$2,000,000

Management target rate of return

25%

What is the company's profit margin ratio? 


2) Trainor Logistics provides the following information:

operating income

$1,550,000

net sales

$ 13,500,000

average total assets

$2,000,000

Management target rate of return

25%

What is the company's return on investment?

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