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Chicago Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 23% target
Chicago Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 23% target rate of return Read the requirements Requirement 1. Calculate each division's ROL First enter the formula, then calculate the ROI for each division. (Enter the ROI as a percent rounded to the nearest hundredth of a percentage, XXXX%) Paint Stores Consumer Operating income 553.000 231,000 Total assets ROI 1,975,000 . 2,000,000 28 % 11.55 % Requirement 2. Calculate each division's sales margin. Interpret your results Enter the formula, then calculate the sales margin for each division (Enter the sales margin as a percent rounded to the nearest hundredth of a percentage, XX00%) Paint Stores Consumer Operating income 553.000 231,000 Sales 3,950.000 1,400,000 Sales margin 14% 16.5 % Interpret your results The Consumer Division is more profitable on each dollar of sales. Requirement 3. Calculate each division's capital tumover. Interpret your results First enter the formula, then calculate the capital turnover for each division, (Round to two decimal places.) Paint Stores Sales 3.950.000 Total assets 1,975,000 Capital turnover 2 times
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