return on investment,turnover
July 19th, 2019
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: Round all answers to two decimal places.) Required: 1. Compute the margin and turnover ratios for each year. 2. Compute the ROI for the Construction Division for each year.