Ch.11 Q.2

Pls, help with the question.

Margin, Turnover, Return on Investment, Average Operating Assets Nakamura Company provided the following income statement for the last year: At the beginning of last year, the company had $38,661,000 in operating assets. At the end of the year, the company had $41,317,000 in operating ass Required: 1. Compute average operating assets. $ 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin % Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. % ROI measures profit earned per . The greater the ROI the efficiently the company is generating from s assets. Conceptual Connection: Nakamura Company's ROI is relatively high. Select one of the reasons this may be the case. lakamura Company may be a service organization. Feedback Check My Work ROI = Margin Turnover ROI = (Operating Income Sales )( Sales Average Operating Assets ) ROI measures a company's ability to generate income relative to its investment in assets. The greater the ROI, the more efficiently the company is using assets to produce income