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Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Year 1 Year 2 $37.720,000 $40,230,000 Sales Operating

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Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Year 1 Year 2 $37.720,000 $40,230,000 Sales Operating income Average operating assets 1,433,360 1,528,740 10,000,000 10,000,000 Houseware Division: Year 1 Year 2 Sales $11.330,000 $11.763,500 Operating income 589,160 494,067 Average operating assets 5,000,000 5,000,000 Required: Round the ROI and margin percentages to two decimal places (for example, enter the decimal .10555 as "10.56" percent). Round the turnover ratio to two decimal places. 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. Furniture Division ROI Margin Turnover Year 1 96 Year 2 96 % 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. Houseware Division ROI Margin Turnover Year 1 96 % Year 2 90 9 3. Indicate the reason for change in ROI from Year 1 to Vear 2 for the Furniture Division. The increase in the Furniture Division ROI is due to the increase in turnover. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division The decrease in the Houseware Division ROI is due to the decrease in margin

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