Question

Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year...

Return on Investment, Margin, Turnover

Data follow for the Construction Division of D. Jack Inc.:

Year 1 Year 2
Sales $148,500,000 $162,250,000
Operating income 8,910,000 8,112,500
Average operating assets 337,500,000 405,625,000

(Note: If required, round your answers to two decimal places.)

Required:

1. Compute the margin (as a percent) and turnover ratios for each year.

Year 1 Year 2
Margin % %
Turnover

2. Compute the ROI (as a percent) for the Construction Division for each year.

ROI year 1 %
ROI year 2 %
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Answer #1

Year 1 Year 2
Sales 14,85,00,000 16,22,50,000
Operating income 89,10,000 81,12,500
Average operating assets 33,75,00,000 40,56,25,000
1
Year 1 Year 2
Margin 6 5
Turnover 44 40
2
ROI 2.64 2
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