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please help answer this question ASAP! thank you Data Table Net Sales Revenue Operating Income Average Total Assets 65,340 173,470 Residential$ 580,000 $ 198,000 Professional
please help answer this question ASAP! thank you
Data Table Net Sales Revenue Operating Income Average Total Assets 65,340 173,470 Residential$ 580,000 $ 198,000 Professional 1,110,000 418,000 Management has a 23% target rate of return for each division. Print Done Requirement 1. Calculabe each division's ROL Round all of your answers to four decimal places n by Selectng te formula to calculate return on n estment (ROI), and then enter the amounts to calculate each di sion's ROL Enter your answer as a percent rounded to two deemal pieces. xxx%) ROI Residential Profossional Requirement 2. Calculate each division's profit margin ratio Interpnet your results. n by selectng te formula to calculate pret argr ratio and then enter the amounts to calauate each d'ison's proft magin rato. (trter each pott margn ratio as a pe tert rond d o deci " place. . Proft margin ratio Residential Professional The residental division earning about $ of operating rome on each dolar of net sales revenue whereas the polessonal di sion is earn n about $ of operang income on each dollar of net sales revenue The higher profit margin ratio helps to aocount for its higher ROL Requirement 3. Calouate each division's asset tumover ratio Interpret your resuits. (Round your answer to two deoimal places,X.XX) Asset turnover ratio Professional The esidertia division is e alig about ofnet sales evene fo' each del "ofaverage tal assets neted. The pr fesso al dviuon is ger atng about ' e' net sales even et every dolar of average lotal assets. The Requirement 4 Use the expanded Rformula to o rtem your resuits from Requirement 1 What can you oondue Enter your answers as apercent rounded to two decimal places XXX% First, select the expanded ROl formula RO The Rorr the residential division is Does your answer above agree with the basic ROl for the residential division you caloulated in Requirement 1 The ROI for the professional division is Does your answer above agree with the basic ROl for the professional division you caiculated in Requirement 1 Step by Step Solution
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