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Return on Investment, Margin, Turnover Data follow for Andrus Inc.: Line Item Description Year 1 Year 2 Sales $9,250,000 $7,940,000 Operating income 519,850 307,278 Average
Return on Investment, Margin, Turnover
Data follow for Andrus Inc.:
Line Item Description | Year 1 | Year 2 |
---|---|---|
Sales | $9,250,000 | $7,940,000 |
Operating income | 519,850 | 307,278 |
Average operating assets | 18,137,255 | 17,644,444 |
Required:
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.
Line Item Description | Year 1 | Year 2 |
---|---|---|
Margin | fill in the blank 1 % | fill in the blank 2 % |
Turnover | fill in the blank 3 | fill in the blank 4 |
2. Compute the ROI for the company for each year. Note: Enter percentage to two decimal places. ROI year 1 fill in the blank 1 of 2 % ROI year 2 fill in the blank 2 of 2 %
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