Question Content Area ROI and Margin Arbus Company provided the following information: Turnover 3.3 Operating assets $120,000 Operating income 6,040 Required: 1. What is ROI? (Round your answer to three decimals.) 2. What is margin? (Round your answer to two decimals.)
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Question Content Area
ROI and Margin
Arbus Company provided the following information:
Turnover | 3.3 |
Operating assets | $120,000 |
Operating income | 6,040 |
Required:
1. What is ROI? (Round your answer to three decimals.)
2. What is margin? (Round your answer to two decimals.)
Step by step
Solved in 2 steps
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