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 evaluate the performance of the investment, they also use it when making an investment decision. The investor always wants to invest in companies that have a higher return on investment. Computing the missing values:Working:Reference:Alpha DivisionBravo DivisionCharlie DivisionSales $ 2,472,000.00 $ 414,000.00 $ 617,500.00Net operating income $ 148,320.00 $ 49,680.00 $ 67,925.00Average operating assets $ 412,000.00 $ 138,000.00 $ 247,000.00Margin6%12%11%Turnover632.5Return on investment (ROI)36.0%36.0%27.5%

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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