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Annie s Homemade provided the following data for this year: Sales $ 3 0 0 , 0 0 0 Net operating income $ 5 4
Annies Homemade provided the following data for this year:
Sales $
Net operating income $
Average operating assets $
Required:
Consider each question below independently. Carry out all computations to two decimal places.
Compute the companys margin, turnover, and return on investment ROI for this year.
The company is considering buying some billboard advertising with the expectation it would grow next years sales and net operating income by $ and $ respectively. If this plan is implemented, what would become next years margin, turnover, and ROI?
The company is considering buying a second cargo trailer and mobile cold plate push cart to expand its mobile sales. If the company implements this plan, it expects next years sales, net operating income and average operating assets to increase by $ $ and $ respectively. What would become next years margin, turnover, and ROI?
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