$ 69,550 $ 173,875X 13 3.1 X 32.5

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.)

*Please Note-  red "X" boxes are the ones that I need solved (Incorrect as shown).  The green "CHECK" boxes are correct*

Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover"
and "ROI" answers to 1 decimal place.)
X Answer is complete but not entirely correct.
Division
Alpha
$
|2,766,000
$ 193,620
Bravo
Charlie
Sales
$ 369,000
$535,000
Net operating income
$ 51,660
$ 69,550
Average operating
assets
$ 461,000
$ 123,000
$ 173,875
Margin
7
%
14
%
13
%
Turnover
6.0
3.0
3.1 X
Return on investment
42.0
%
42.0
%
32.5
%
(ROI)
Transcribed Image Text:Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.) X Answer is complete but not entirely correct. Division Alpha $ |2,766,000 $ 193,620 Bravo Charlie Sales $ 369,000 $535,000 Net operating income $ 51,660 $ 69,550 Average operating assets $ 461,000 $ 123,000 $ 173,875 Margin 7 % 14 % 13 % Turnover 6.0 3.0 3.1 X Return on investment 42.0 % 42.0 % 32.5 % (ROI)
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