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Calculate the asset turnover, profit margin, and ROI for Division B (Division A has already been calculated for you. Division A Net Sales 1,200,000 Operating
Calculate the asset turnover, profit margin, and ROI for Division B (Division A has already been calculated for you.
Division A Net Sales 1,200,000 Operating Income 250,000
Division B 1,000,000 190,000
Division A Average Total Assets 800,000
Division B 740,000
Division A Asset Turnover Assets 1.5 Profit Margin Ratio.31
Division. B ?
Division A ROI .31
Division B ?
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