Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,210,000 $7,920,000 Operating income 517,602 306,504 Average operating assets 18,058,824 17,600,000 Required: 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. Year 1 Year 2 Margin % % Turnover 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 % ROI year 2 %
Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,210,000 $7,920,000 Operating income 517,602 306,504 Average operating assets 18,058,824 17,600,000 Required: 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. Year 1 Year 2 Margin % % Turnover 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 % ROI year 2 %
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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Return on Investment, Margin, Turnover
Data follow for the Consumer Products Division of Kisler Inc.:
| Year 1 | Year 2 | |||
| Sales | $9,210,000 | $7,920,000 | ||
| Operating income | 517,602 | 306,504 | ||
| Average operating assets | 18,058,824 | 17,600,000 |
Required:
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.
| Year 1 | Year 2 | |
| Margin | % | % |
| Turnover |
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
| ROI year 1 | % |
| ROI year 2 | % |
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