ROI and Margin Arbus Company provided the following information: Turnover Operating assets Operating income Required: 1. What is ROI? (Round your answer to three decimals.) 2.4 $139,000 6,120 2. What is margin? (Round your answer to two decimals.)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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ROI and Margin
Arbus Company provided the following information:
Turnover
Operating assets
Operating income
Required:
1. What is ROI? (Round your answer to three decimals.)
2.4
$139,000
6,120
2. What is margin? (Round your answer to two decimals.)
Transcribed Image Text:ROI and Margin Arbus Company provided the following information: Turnover Operating assets Operating income Required: 1. What is ROI? (Round your answer to three decimals.) 2.4 $139,000 6,120 2. What is margin? (Round your answer to two decimals.)
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