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Return on Investment, Margin, Turnover Data follow for Andrus Inc.: Year 1 Year 2 Sales Operating income $9,210,000 $7,900,000 517,602 305,730 Average operating assets
Return on Investment, Margin, Turnover Data follow for Andrus Inc.: Year 1 Year 2 Sales Operating income $9,210,000 $7,900,000 517,602 305,730 Average operating assets 18,058,824 17,555,556 Required: 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. Margin Turnover Year 1 Year 2 5.6 X % 3.8 X % 0.51 0.45 2. Compute the ROI for the company for each year. Note: Enter percentage to two decimal places. ROI year 1 ROI year 2 2.8 X % 1.7 X %
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