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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.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92505983
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