Zoes, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential The following divisional information was available for the past year. (Click the icon to view the information.) Read the requirements Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, XXX%) ROI Residential % Professional % Requirement 2. Calculate each division's profit margin ratio. Interpret your results Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each division's profit margin ratio (Enter each profit margin ratio as a percent rounded to two decimal places, XXX%) Profit margin ratio Residential % Professional 96 D The residential division is earning about of operating income on each dollar of net sales revenue whereas the professional division is earning about $ of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for its higher ROI Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, XXX) Asset turnover ratio Residential Professional The residential division is generating about of net sales revenue for each dollar of average total assets invested. The professional division is generating about of net sales revenue for every dollar of average total assets. The is more efficient Data Table -X Residential Net Sales Revenue Operating Income Average Total Assets $ 550,000 $ 65,960 $ 194,000 1,080,000 169,740 414,000 Professional Management has a 26% target rate of return for each division. 0 Print Done Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each percent rounded to two decimal places, XXX%) ROI = = 11 % Residential % Professional Average total assets Net sales revenue Requirement 2. C Operating income t margin ratio. Interpret your results. fit margin ratio, and then enter the amounts to calculate each division's p margin ratio as a percent rounded to two decimal places, X.XX%.) Begin by selecting Target rate of return Profit margin ratin Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI). and then enter the amounts to percent rounded to two decimal places, X.XX%) ROI = Residential Professional Average total assets Net sales revenue Requirement 2. Calculate each division's profit mar Operating income Begin by selecting the formula to calculate profit mar Target rate of return margin ratio as a percent rounded to two decimal places, X.XX%.) ts amounts to calculate e Profit margin ratio Residential 11 Professional 11 Sul % Requirement 2. Calculate each division's profit margin ratio. Interpret your results. Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each division's profit margin ratio (Enter each profit margin ratio as a percent rounded to two decimal places, XXX%.) Profit margin ratio Residential % Professional Average total assets % Net sales revenue The residential Operating income of operating income on each dollar of net sales revenue whereas the professional division is earning about Target rate of return of net sales revenue. The higher profit margin ratio helps to account for its higher ROI Requirement 3. Calculate each division's asset turnover ratio Interpret your results. (Round your answer to two decimal places, XXX) 1 of oper Requirement 2. Calculate each division's profit margin ratio. Interpret your results Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each division's profit margin ratio. (Ente margin ratio as a percent rounded to two decimal places, XXX%.) Profit margin ratio Residential Professional Average total assets % Net sales revenue th The residential division is earning about o Operating income dollar of net sales revenue whereas the professional division is ea of operating income on each dollar of net Target rate of return higher profit margin ratio helps to account for its % S Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, XXX) Ascat nuoret Requirement 2. Calculate each division's profit margin ratio. Interpret your results. Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each division's profit margin ratio. margin ratio as a percent rounded to two decimal places, X.XX%.) Profit margin ratio Residential 96 Professional % The residential division is earning about $ of operating income on each dolla Requirement 3. Calculate each division's of operating income on each dollar of net sales revenue whereas the professional division is revenue. The higher profit margin ratio helps to account for 0.12 ar ratio. Interpret your results. (Round your answer to two decimal places, XXX.) 0.16 = Asset turnover ratio 0.34 Residential 0.41 Professional Requirement 2. Calculate each division's profit margin ratio. Interpret your results. Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each di margin ratio as a percent rounded to two decimal places, XXX%.) Profit margin ratio Residential % Professional The residential division is earning about $ of operating income on each dollar of net sales revenue whereas $ of operating income on each dollar of net sales revenue. The higher profit margir R Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two d 0.12 Asset turnover ratio 0.16 0.34 F 0.41 The residential division is generating about of net sales revenue for each dollar of average total assets inves generating about of net sales revenue for every dollar of average total assets. The is % Requirement 2. Calculate each division's profit margin ratio, Interpret your results. Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate each division's profit margin ratio. (Enter each profit margin ratio as a percent rounded to two decimal places, XXX%) Profit margin ratio Residential = % Professional % The residential division is earning about $ of operating income on each dollar of net sales revenue whereas the professional division is earning about $ of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for its higher ROI. hy Requirement 3. Calculate each division's asset turnover ratio. Interpr swer to two decimal places, XXX) professional division's residential division's Residential Professional Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, XXX) = Asset turnover ratio 7 Residential Professional Average total assets Net sales revenue The residential Operating income of net sales revenue for each dollar of average total assets invested. The professional division is nue for every dollar of average total assets. The is more efficient Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as a percent rounded to two decimal places, XXX%) First, select the expanded ROI formula. generating abou Target rate of return ROI The ROI for the residential division is Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? The ROI for the professional division is Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1? Choose from any list or enter any number in the input fields and then continue to the next question of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, XXX) = Asset turnover ratio Residential Professional Average total assets Net sales revenue The residential division is generating about Operating income each dollar of average total assets invested. The professional divis generating about of net sales revenue fc Target rate of return al assets. The is more efficient Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as a rounded to two decimal places, X.XX%) First, select the expanded ROI formula. ROI The Rol for the residential division is % Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? The ROI for the professional division is % Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1? Choose from any list or enter any number in the input fields and then continue to the next question of net sales revenue. The higher profit margin Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two dec = Asset turnover ratio Residential Professional Il 11 The residential division is generating about generating about of net sales reve of net sales revenue for each dollar of average total assets investe llar of average total assets. The $2.61 our results from Requirement 1. What can you conclude? (En $2.84 is mc Requirement 4. Use the expanded ROI for rounded to two decimal places, XXX%.) First, select the expanded ROI formula $5.50 $12.50 ROI The ROI for the residential division is % Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? Unaf of het sales revenue. The higher profit margin ratio helps to accoun Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, X.XX.) = Asset turnover ratio Residential Professional The residential division is generating about of net sales revenue for each dollar of average total assets invested. The professional generating about of net sales revenue for every dollar of average total assets. The is more efficient Requirement 4.1 rounded to two de ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as XX%) $2.61 First, select the es $2.84 nula, $5.50 ROI $12.50 The ROI for the reason is % higher profit margin ratio helps to account for its higher quirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, XXX) = Asset turnover ratio esidential "rofessional he residential division is generating about of net sales revenue for each dollar of average total assets invested. The professional division is generating about of net sales revenue for every dollar of average total assets. The Vis more efficient. Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1 or your answers as a percent rounded to two decimal places, XXX%.) professional division First, select the expanded ROI formula residential division ROI emcient Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as a percent rounded to two decimal places, XXX%.) First, select the expanded ROI formula. ROI The ROI for the residential division is % Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? The ROI for the professional division is % Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 17 Chef Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as a pe rounded to two decimal places, X.XX%) First, select the expanded ROI formula. ROI X D Asset turnover ratio vision is % Net sales revenue be with the basic ROI for the residential division you calculated in Requirement 1? Profit margin ratio Target rate of return The ROI for the professional division is % Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1? Choose from any list or enter any number in the input fields and then continue to the next question Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter ye rounded to two decimal places, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division Asset turnover ratio Does your answer above agree with Net sales revenue ential division you calculated in Requirement 1? Profit margin ratio Target rate of return The ROI for the professional division is Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1? Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? (Enter your ar rounded to two decimal places XXX%.) First, select the expanded ROI formula. ROI The ROI for the residential division is % Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? No Yes, with possible slight rounding differences he professional division you calculated in Requirement 1? Choose from any list or enter any number in the input fields and then continue to the next question enue for every dollar of average total assets. The Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclu rounded to two decimal places, X.XX%.) First, select the expanded ROI formula. X ROI The ROI for the residential division is % Does your answer above agree with the basic ROI for the residential division you calculated in Requirement 1? % The ROI for the professional division is Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1? No at fields and then continue to the next question Yes, with possible slight rounding differences