Question
Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year 1 Sales $141,075,000 Operating income 9,801,000 Average operating assets
Return on Investment, Margin, Turnover
Data follow for the Construction Division of D. Jack Inc.:
Year 1 Sales $141,075,000
Operating income 9,801,000
Average operating assets 354,375,000
Year 2 Sales $178,475,000
Operation Income 8,923,750
Average operating assets 365,062,500
If required, round your answers to two decimal places.
Required:
1. Compute the margin (as a percent) and turnover ratios for each year:
Year 1
Margin: %
Turnover:
Year 2
Margin: %
Turnover:
Compute the ROI (as a percent) for the Construction Division for each year. While calculating ROI use the rounded values that are obtained from part 1.
ROI year 1: %
ROI year 2: %
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