Question
Data follow for the Construction Division of D. Jack Inc>: Year 1 Year 2 Sales $148,500,000 $162,250,000 Operating Income $8,910,000 $8,112,500 Average operating assets $337,500,000
Data follow for the Construction Division of D. Jack Inc>:
Year 1 Year 2
Sales $148,500,000 $162,250,000
Operating Income $8,910,000 $8,112,500
Average operating assets $337,500,000 $405,625,000
1: Compute the margin and turnover ratios for each year.
2: Compute the ROI for the Construction Division for each year.
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CPA Excel Auditing And Attestation
Authors: Robert A. Prentice
1st Edition
0977165876, 978-0977165872
