The reed division reports the following operating data for, Ask an Expert

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The Reed Division reports the following operating data for the past two years:
	Year 1	Year 2
Margin	25%	?
Turnover	2.5	2.0
Average operating assets	?	$227,000
Net operating income	$43,800	?
Stockholders equity	$80,000	$125,000
Sales	?	?

The return on investment at Reed was exactly the same in Year 1 and Year 2.

Average operating assets in Year 1 were:

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91734727

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