Data follow for the Construction Division of D. Jack Inc.: Particulars Sales Operating income Year 1 Year 2 $148,500,000 $162,250,000 $8,910,000 $8,112,500 Average operating assets $337,500,000 $405,625,000 Required: a. Compute the margin and turnover ratio for each year. b. Compute the ROI for the Construction Division for each year.
Data follow for the Construction Division of D. Jack Inc.: Particulars Sales Operating income Year 1 Year 2 $148,500,000 $162,250,000 $8,910,000 $8,112,500 Average operating assets $337,500,000 $405,625,000 Required: a. Compute the margin and turnover ratio for each year. b. Compute the ROI for the Construction Division for each year.
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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