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Pelak Company had sales of $4,916,000, expenses of $4,648,000, and average operating assets of $3,000,000. 1. Compute the operating income. $fill in the blank 1
Pelak Company had sales of $4,916,000, expenses of $4,648,000, and average operating assets of $3,000,000.
1. Compute the operating income. $fill in the blank 1
2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.
Margin | fill in the blank 2 % |
Turnover | fill in the blank 3 |
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. fill in the blank 4 %
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