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Margin, Turnover, Return on Investment Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000. Required: 1.  Compute the operating income. $fill in the blank 1 2.  Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin fill in the blank 2 % Turnover fill in the blank 3 3.  Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. fill in the blank 4 %

Margin, Turnover, Return on Investment Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000. Required: 1.  Compute the operating income. $fill in the blank 1 2.  Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin fill in the blank 2 % Turnover fill in the blank 3 3.  Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. fill in the blank 4 %

FINANCIAL ACCOUNTING
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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Margin, Turnover, Return on Investment

Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000.

Required:

1.  Compute the operating income.
$fill in the blank 1

2.  Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.

Margin fill in the blank 2 %
Turnover fill in the blank 3

3.  Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places.
fill in the blank 4 %

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