1. 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	$37,730,000	$40,140,000
   Operating income	1,471,470	1,565,460
   Average operating assets	10,000,000	10,000,000

   Houseware Division:

   	Year 1	Year 2
   Sales	$12,170,000	$12,621,200
   Operating income	584,160	479,606
   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	? %	? %	?
   Year 2	? %	? %	?

   2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division.

   	Houseware Division
   	ROI	Margin	Turnover
   Year 1	? %	? %	?
   Year 2	? %	? %	?

   3. Indicate the reason for change in ROI from Year 1 to Year 2 for the Furniture Division. (The increase in the Furniture Division ROI is due to the increase in turnover.?) OR (The increase in the Furniture Division ROI is due to the increase in margin.?)

2. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division.

(The decrease in the Houseware Division ROI is due to the decrease in turnover.?) OR (The decrease in the Houseware Division ROI is due to the decrease in margin.?)

Please fill in the question marks. For Part 3, choose one of the statements as the answer.