Pelak Company had sales of $4,945,000, expenses of $4,607,000, and average operating assets of $3,000,000. Required: 1.
Fantastic news! We've Found the answer you've been seeking!
Question:
Pelak Company had sales of $4,945,000, expenses of $4,607,000, and average operating assets of $3,000,000.
Required:
1.Compute the operating income.
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.
Expert Answer:
Posted Date:
