Exercise 11-5 (Algo) Return on Investment (ROI) [LO11-1]Provide the missing data in the following table for a distributor of martial arts products:Note: Enter "Turnover" and "ROI" answers to 1 decimal place.SalesNet operating incomeAverage operating assetsMarginTurnoverReturn on investment (ROI)Alpha$ 366,0004.0%DivisionBravo$ 266,00031,920$%24.0 %$Charlie46,89511 %16.5 %

Margin is calculated by dividing net operating income by average operating assets.

Answered: Exercise 11-5 (Algo) Retu Provide the…

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Exercise 11-5 (Algo) Retu Provide the missing data in the Note: Enter "Turnover" and "Re

FINANCIAL ACCOUNTING

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ISBN:9781259964947

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Chapter1: Financial Statements And Business Decisions

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Question

Exercise 11-5 (Algo) Return on Investment (ROI) [LO11-1]
Provide the missing data in the following table for a distributor of martial arts products:
Note: Enter "Turnover" and "ROI" answers to 1 decimal place.
Sales
Net operating income
Average operating assets
Margin
Turnover
Return on investment (ROI)
Alpha
$ 366,000
4.0
%
Division
Bravo
$ 266,000
31,920
$
%
24.0 %
$
Charlie
46,895
11 %
16.5 %

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Step 3: Working for missing amount of Division Bravo

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Step 4: Working for missing amount of Division Charlie

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