Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Alpha DivisionBravo DivisionCharlie DivisionSales $414,000 Net operating income $49,680$67,925Average operating assets$412,000 Margin6% 11%Turnover6.0 Return on investment (ROI) 36.0%27.5%

The return on investment is a measure of profitability, It is the ratio used by investors to…

Answered: Provide the missing data in the…

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

	Alpha Division	Bravo Division	Charlie Division
Sales		$414,000
Net operating income		$49,680	$67,925
Average operating assets	$412,000
Margin	6%		11%
Turnover	6.0
Return on investment (ROI)		36.0%	27.5%

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