FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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 %
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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 %
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