Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ROI, Margin, Turnover Allard, Inc., presented two years of data for its Frozen Foods Division and its Canned Foods Division. Frozen Foods Division: Year 1
ROI, Margin, Turnover
Allard, Inc., presented two years of data for its Frozen Foods Division and its Canned Foods Division.
Frozen Foods Division:
| Year 1 | Year 2 | |
| Sales | $36,480,000 | $39,110,000 |
| Operating income | 1,605,120 | 1,720,840 |
| Average operating assets | 10,000,000 | 10,000,000 |
Canned Foods Division:
| Year 1 | Year 2 | |
| Sales | $12,560,000 | $13,089,900 |
| Operating income | 640,560 | 536,686 |
| 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 Frozen Foods Division.
| Frozen Foods 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 Canned Foods Division.
| Canned Foods 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 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started