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 $32,470,000 $35,240,000 1,396,210 1,515,320 Operating income Average operating assets 10,000,000 10,000,000 Houseware Division: Year 1 Year 2 $11,910,000 $12,488,800 Sales Operating income 571,680 474,574 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. Indicate the reason for change in ROI from Year 1 to Year 2 for the Houseware Division. 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. yare Division. The increase in the Furniture Division ROI is due to the increase in margin. 2 Indicate the reacon for change in DAL from Vaar 1 te Vear for the furniture Division. The decrease in the Houseware Division ROI is due to the decrease in turnover. The decrease in the Houseware Division ROI is due to the decrease in margin. Division