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 $ 364,000 8% 5.0 % Division Bravo $ 325,000 $52,000 % 40.0 % Charlie $66,900 15 % 30.0 %
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 $ 364,000 8% 5.0 % Division Bravo $ 325,000 $52,000 % 40.0 % Charlie $66,900 15 % 30.0 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Juniper Design, provides design services to residential developers. Last year, the company had net operating income of
$420,000 on sales of $2,100,000. The company's average operating assets were $2,300,000 and its minimum required
rate of return was 15%.
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
$
364,000
8%
5.0
%
Division
Bravo
$
325,000
$52,000
%
40.0 %
Charlie
$66,900
15 %
30.0 %
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