Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,310,000 $7,940,000 Operating income 523,222 307,278 Average operating assets 18,254,902 17,644,444 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 fill in the blank 1 % fill in the blank 2 % Turnover fill in the blank 3 fill in the blank 4 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 fill in the blank 5 % ROI year 2 fill in the blank 6 %
Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,310,000 $7,940,000 Operating income 523,222 307,278 Average operating assets 18,254,902 17,644,444 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 fill in the blank 1 % fill in the blank 2 % Turnover fill in the blank 3 fill in the blank 4 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 fill in the blank 5 % ROI year 2 fill in the blank 6 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Data follow for the Consumer Products Division of Kisler Inc.:
| Year 1 | Year 2 | |||
| Sales | $9,310,000 | $7,940,000 | ||
| Operating income | 523,222 | 307,278 | ||
| Average operating assets | 18,254,902 | 17,644,444 |
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 | fill in the blank 1 % | fill in the blank 2 % |
| Turnover | fill in the blank 3 | fill in the blank 4 |
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
| ROI year 1 | fill in the blank 5 % |
| ROI year 2 | fill in the blank 6 % |
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