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Question Content Area ROI, Margin, Turnover Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Year 1
Question Content Area
ROI, Margin, Turnover
Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division.
Furniture Division:
| Year 1 | Year 2 | |
| Sales | $35,870,000 | $38,630,000 |
| Operating income | 1,506,540 | 1,622,460 |
| Average operating assets | 10,000,000 | 10,000,000 |
Houseware Division:
| Year 1 | Year 2 | |
| Sales | $12,760,000 | $13,291,000 |
| Operating income | 676,280 | 571,513 |
| 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 | fill in the blank 1 % | fill in the blank 2 % | fill in the blank 3 | |
| Year 2 | fill in the blank 4 % | fill in the blank 5 % | fill in the blank 6 | |
2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division.
| Houseware Division | |||
| ROI | Margin | Turnover | |
| Year 1 | fill in the blank 7 % | fill in the blank 8 % | fill in the blank 9 |
| Year 2 | fill in the blank 10 % | fill in the blank 11 % | fill in the blank 12 |
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