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Part 1 of 16 Save Points: 0 of 6 Zoos, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer typeprofessional
Part 1 of 16 Save Points: 0 of 6 Zoos, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer typeprofessional and residential. The following divisional information was available for the past year: Click the icon to view the information.) Read the requirements Requirement 1, Calculate each division's ROI Round all of your answers to four decimal places Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI (Enter your answer is a percent rounded to two decimal places, X.XX%) ROI (Click the icon to view the information.) the requirements. uirement 1. Calculate each division's ROI. Round all of your a in by selecting the formula to calculate return on investment (R hded to two decimal places, X.XX%) - Average total assets Net sales revenue Operating income Target rate of return Requirements 1. Calculate each division's ROI. Round all of your answers to four decimal places. 2. Calculate each division's profit margin ratio. Interpret your results. 3. Calculate each division's asset turnover ratio. Interpret your results. 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? Print Done - ea Data table ull ce yo Residential Net Sales Revenue Operating Income Average Total Assets $ 570,000 $ 67,320 $ 198,000 1,100,000 167,280 408,000 Professional Management has a 27% target rate of return for each division. Print Done
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