Chapter 10, Problem 7E

Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division.

Required:

1. 1. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. (Round your answers to four significant digits.)
2. 2. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. (Round your answers to four significant digits.)
3. 3. Explain the change in ROI from Year 1 to Year 2 for each division.