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Zolums, 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
Zolums, 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, X.XX%) 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 divisio Data Table - X XX%) Profit margin ratio Residential % Professional % Residential Net Sales Revenue Operating Income $ 560,000 $ 60.970 1,070,000 154.710 Average Total Assets $ 182,000 382,000 Professional The residential division is earning about $ V of operating income on each dollar of net sales revenue whereas Venue. The higher profit margin ratio helps to account for its higher ROI. Management has a 24% target rate of return for each division Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two Asset turnover ratio Print Done 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 Vis 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) = 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, X.XX%.) 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 V 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, 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 division is generating about of net sales revenue 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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: E (Click the icon to view the information.) Read the requirements 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, X.XX%.) 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 $ V of operating income on each dollar of net sales revenue. The V 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, X.XX.) Asset turnover ratio Residential Professional Vis more efficient. 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 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, X.XX%.) 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 1? Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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. 5 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, X.XX%) ROI 1 Residential Professional Average total assets Net sales revenue Requirement 2. C Operating income tmargin ratio. Interpret your results Begin by selecting Target rate of return fit 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, X.XX%.) 1 Profit margin ratio Residential Professional % The residential division is earning about $ V 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, 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 division is generating about of net sales revenue 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) 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, X.XX%.) 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 Requirement 3. valculate talII UIVISIOs asset turnover ratio. Interpret your results. (Round your answer to two decimal places, X.XX.) of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for its higher ROI. 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. 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) = 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, X.XX%.) Profit margin ratio Residential % Professional % The residential division is earning about $ V 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 V higher profit margin ratio helps to account for its higher ROI. Requirement 3. Calculate each division's ar ratio. Interpret your results. (Round your answer to two decimal places, X.XX.) 0.11 = Asset turnover ratio 0.14 Residential 0.34 Professional 0.41 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 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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. 5 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, X.XX%) 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, X.XX%.) 1 Profit margin ratio Residential Professional % The residential division is earning about $ V 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, X.XX.) 0.11 Asset turnover ratio 0.14 Residential 0.34 Professional 0.41 The residential division is generating about of net sales revenue for each dollar of average total assets invested. The professional division is generating about V of net sales revenue 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) = 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, X.XX%.) 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. Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, X.XX.) professional division's = Asset turnover ratio residential division's 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 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, X.XX%.) First, select the expanded ROI formula ROI The ROI for the residential division is % Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) 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, X.XX%.) Profit margin ratio Residential Professional % of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for its higher ROI. The residential division is earning about $ of operating income on each dollar of net sales revenue whereas the professional division is earning about $ 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 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 generating about of net sales revenue for every dollar of average total assets. The Target rate of return Requirement 4. use uie expanueu in nula to confirm your results from Requirement 1. What can you conclude? (Enter your answers as a percent rounded to two decimal places, X.XX%.) First, select the expanded ROI formula. is more efficient. ROI The ROI for the residential division is Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) = 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, X.XX%.) 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 V 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, X.XX.) = Asset turnover ratio Residential Professional The residential division is generating about is more efficient of net sales revenue for each n dollar of average total assets invested. The professional division is generating about of net sales revenue for every dollar of average total assets. The our results from Requirement 1. What can you conclude? (Enter your answers as a percent rounded to two decimal places, X.XX%.) $2.80 Requirement 4. Use the expanded ROI forr First, select the expanded ROI formula $3.08 = ROI $5.50 The ROI for the residential division is $12.50 Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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, X.XX%) = 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, X.XX%.) 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. 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 division is generating about of net sales revenue for every dollar of average total assets. The Vis more efficient X.XX%) 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 First, select the expanded ROI formula $2.80 $3.08 ROI $5.50 The ROI for the residential division is $12.50 Choose from any list or enter any number in the input fields and then continue to the next question. ? Zolums, 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, X.XX%) 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, X.XX%.) Profit margin ratio Residential Professional % of operating income on each dollar of net sales revenue. The higher profit margin ratio helps to account for its higher ROI. The residential division is earning about $ of operating income on each dollar of net sales revenue whereas the professional division is earning about $ Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. (Round your answer to two decimal places, X.XX.) 1 = 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. 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, X.XX%.) First, select the expanded ROI formula. professional division residential division ROI The ROI for the residential division is Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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: 5 Click the icon to view the information.) Read the requirements 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, X.XX%.) Profit margin ratio Residential % Professional % The residential division is earning about $ V of operating income on each dollar of net sales revenue whereas the professional division is earning about $ V 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, 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 division is generating about of net sales revenue 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, X.XX%) First, select the expanded ROI formula. = ROI T vision is D Asset turnover ratio Net sales revenue Profit margin ratio Target rate of return pe with the basic ROI for the residential division you calculated in Requirement 1? 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. Zolums, 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: E (Click the icon to view the information.) Read the requirements 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, X.XX%.) 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 $ V of operating income on each dollar of net sales revenue. The V 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, X.XX.) Asset turnover ratio Residential Professional Vis more efficient. 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 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, X.XX%.) 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 % No Does your answer above agree with the basic ROI for the professional division you calculated in Requirement 1 Yes, with possible slight rounding differences Choose from any list or enter any number in the input fields and then continue to the next question. Zolums, 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: 5 Click the icon to view the information.) Read the requirements 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, X.XX%.) Profit margin ratio Residential % Professional % The residential division is earning about $ V of operating income on each dollar of net sales revenue whereas the professional division is earning about $ V 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, 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 division is generating about of net sales revenue 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, X.XX%) 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 1? Choose from any list or enter any number in the input fields and then continue to the next question. No Yes, with possible slight rounding differences
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