{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T00:17:57-04:00", "answer_date": "2024-05-29 00:17:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1867052", "url": "\/study-help\/questions\/roi-margin-turnover-jarriot-inc-presented-two-years-of-data-1867052", "question_creation_date_js": "2024-05-29T00:17:57-04:00", "question_creation_date": "May 29, 2024 12:17 AM", "meta_title": "[Solved] ROI, Margin, Turnover Jarriot, Inc., pres | SolutionInn", "meta_description": "Answer of - ROI, Margin, Turnover Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division | SolutionInn", "meta_keywords": "roi,margin,turnover,jarriot,inc.,presented,two,years,data,furniture,division,houseware", "question_title_h1": " ROI, Margin, Turnover Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Year 1 Year 2", "question_title": " ROI, Margin, Turnover Jarriot, Inc., presented two years of data for", "question_title_for_js_snippet": "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 Operating income $33,730,000 $36,060,000 1,281,740 1,370,280 Average operating assets 10,000,000 10,000,000 Houseware Division Sales Year 1 Year 2 $12,280,000 $12,779,300 Operating income 614,000 511,172 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 Year 1 ROI Furniture Division Margin Turnover Year 2 2 Compute the ROI and the margin and turnover ratios for each year for the Houseware Division Houseware Division Year 1 Year 2 ROI Margin Turnover 3 Indicate the reason for change in ROI from Year 1 to Year 2 for the Furniture Division Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division ", "question_description": "\"image", "transcribed_text": "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 Operating income $33,730,000 $36,060,000 1,281,740 1,370,280 Average operating assets 10,000,000 10,000,000 Houseware Division: Sales Year 1 Year 2 $12,280,000 $12,779,300 Operating income 614,000 511,172 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. Year 1 ROI % % Furniture Division Margin % Turnover Year 2 % 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. Houseware Division Year 1 Year 2 ROI % % Margin % % Turnover 3. Indicate the reason for change in ROI from Year 1 to Year 2 for the Furniture Division. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division.", "related_book": { "title": "Financial Accounting An Integrated Statements Approach", "isbn": "324312113, 978-0324312119", "edition": "2nd Edition", "authors": "Jonathan E. Duchac, James M. Reeve, Carl S. Warren", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/126.jpg", "uri": "\/textbooks\/financial-accounting-an-integrated-statements-approach-2nd-edition-126", "see_more_uri": "" }, "free_related_book": { "isbn": "1571744665", "uri": "\/textbooks\/communicating-with-orcas-the-whales-perspective-1st-edition-978-1571744661-239214", "name": "Communicating With Orcas The Whales Perspective", "edition": "1st Edition" }, "question_posted": "2024-05-29 00:17:57", "see_more_questions_link": "\/study-help\/questions\/business-business-communication-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/precalculus\/use-the-ratio-test-to-determine-if-each-series-converges-absolutely-or", "description": "Use the Ratio Test to determine if each series converges absolutely or diverges. 8 n=1 nt (-4)\"", "stars": 3 }, { "url": "\/how-does-the-level-of-inventory-affect-the-production-budget-91979", "description": "How does the level of inventory affect the production budget? 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