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Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Sales Operating income Average operating assets Year 1
Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Sales Operating income Average operating assets Year 1 $35,000,000 1,400,000 10,000,000 Year 2 $37,500,000 1,500,000 10,000,000 Houseware Division: Sales Operating income Average operating assets Year 1 $12,000,000 600,000 5,000,000 Year 2 $12,500,000 500,000 5,000,000 Required: 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. (Round your answers to four significant digits.) 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. (Round your answers to four significant digits.)
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