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Margin, Turnover, Return on Investment Pelak Company had sales of $4,945,000, expenses of $4,607,000, and average operating assets of $4,610,000. Required: 1. Compute the operating
Margin, Turnover, Return on Investment
Pelak Company had sales of $4,945,000, expenses of $4,607,000, and average operating assets of $4,610,000.
Required:
1. Compute the operating income. $
2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.
Margin | % |
Turnover |
3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. %
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