Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) DivisionAlphaBravoCharlieSales$ 242,000Net operating income$24,200$38,745Average operating assets$389,000Margin5 %%9%Turnover4.0Return on investment (ROI)%20.0 %13.5 %

we know that, turn over ratio = Sales / Average operating assets net operating income = Sales *…

Answered: Division Alpha Bravo Charlie Sales $…

Division Alpha Bravo Charlie Sales $ 242,000 Net operating income $ 24,200 $ 38,745 Average operating assets $ 389,000 Margin 5 % % 9 % Turnover 4.0 Return on investment (ROI) % 20.0 % 13.5 %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.)

Division
Alpha
Bravo
Charlie
Sales
$ 242,000
Net operating income
$
24,200
$
38,745
Average operating assets
$
389,000
Margin
5 %
%
9%
Turnover
4.0
Return on investment (ROI)
%
20.0 %
13.5 %

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