Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Sales Operating income Average operating assets Required: Margin Turnover Year 1 % $9,250,000 Year 1 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. 18,137,255 519,850 % % Year 2 $7,940,000 307,278 17,644,444 Year 2 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 ROI year 2 4 X %
Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Sales Operating income Average operating assets Required: Margin Turnover Year 1 % $9,250,000 Year 1 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. 18,137,255 519,850 % % Year 2 $7,940,000 307,278 17,644,444 Year 2 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 ROI year 2 4 X %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
![Return on Investment, Margin, Turnover
Data follow for the Consumer Products Division of Kisler Inc.:
Sales
Operating income
Average operating assets
Required:
Margin
Turnover
%
$9,250,000
Year 1
18,137,255
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to
two decimal places.
Year 1
519,850
%
%
Year 2
$7,940,000
307,278
17,644,444
Year 2
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
ROI year 1
ROI year 2
4 X %](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F789b68f7-e049-4d49-9e12-6cdfdef64453%2F0673bc7e-f94f-404a-8ebc-acc8d05eb430%2F34elapj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Return on Investment, Margin, Turnover
Data follow for the Consumer Products Division of Kisler Inc.:
Sales
Operating income
Average operating assets
Required:
Margin
Turnover
%
$9,250,000
Year 1
18,137,255
1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to
two decimal places.
Year 1
519,850
%
%
Year 2
$7,940,000
307,278
17,644,444
Year 2
2. Compute the ROI for the Construction Division for each year.
Note: Enter percentage to two decimal places.
ROI year 1
ROI year 2
4 X %
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education