Reference no: EM131697288
Question: Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.:
Year 1 Year 2
Sales $ 52,000,000 $ 57,750,000
Operating income 7,280,000 7,507,500
Average operating assets 200,000,000 262,500,000
Required: 1. Compute the margin and turnover ratios for each year.
2. Compute the ROI for the Construction Division for each year.
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: Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Compute the ROI for the Construction Division for each year.
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