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: (Enter "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Bravo Charlie Sales $ 345,000 Net operating income $ 48,300 $ 59,280 Average operating assets $ 438,000 Margin 7 % % 13 % Turnover 5.0 Return on investment (ROI) % 35.0 % 26.0 %
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: (Enter "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Bravo Charlie Sales $ 345,000 Net operating income $ 48,300 $ 59,280 Average operating assets $ 438,000 Margin 7 % % 13 % Turnover 5.0 Return on investment (ROI) % 35.0 % 26.0 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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