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eBook Calculator Print Item ROI, Margin, Turnover Jarriot, Inc., presented two years of data for its fumiture Division and its Houseware Division Furniture Division Year 1 Year 2 Sales $35,240,000 $37,960,000 Operating income 1,515,320 1,632,280 Average operating assets 10,000,000 10,000,000 Houseware Division Year 1 Year 2 Sales $11,920,000 $12.455,800 Operating income 560,240 460,865 Average operating assets 5,000,000 5,000,000 Required: Round the ROI and margin percentages to two decimal places (for example, enter the decimal 10555 as "10.56 percent). Round the turnover ratio to two decimal places. 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division Furniture Division ROI Margin Turnover Year 1 96 9. Year 2 9 % Next Check My Work 1 more Check My Work uses remaining, All work saved Email Instructor Save and Exit Submit Assignment for Grading eBooks Calculator Print Item Round Roma margin percentage Wema correncar el DIUSST.50 Percange MUDOWO places. 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division Furniture Division ROI Margin Turnover Year 1 % % Year 2 % % 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. Houseware Division ROI Margin Turnover Year 1 % 96 Year 2 % 3. Indicate the reason for change in ROI from Year 1 to Year 2 for the Furniture Division The increase in the Furniture Division ROI is due to the increase in turnover. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division The decrease in the Houseware Division ROI is due to the decrease in margin Feedback Check My Work 1. and 2. a. Average operating assets - (Beginning net book value Ending net book value) + 2 Ne Check My Work 1 more Check My Work uses remaining. Email Instructor Save and Submit Assignment for All work saved