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Zims, a national manufacturer of lawn - mowing and snow - blowing equipment, segments its business according to customer type: professional and residential. The following
Zims, a national manufacturer of lawnmowing and snowblowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year.
Read the requirements.
Requirement Calculate each division's ROI. Round all of your answers to four decimal places.
Requirements
Calculate each division's ROI. Round all of your answers to four decimal
places.
Calculate each division's profit margin ratio. Interpret your results.
Calculate each division's asset turnover ratio. Interpret your results.
Use the expanded ROI formula to confirm your results from Requirement
What can you conclude?
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