Data follow for the Consumer Products Division of Kisler Inc.:   Year 1 Year 2 Sales $9,310,000   $7,940,000   Operating income 523,222   307,278   Average operating assets 18,254,902   17,644,444   Required: 1.  Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.   Year 1 Year 2 Margin fill in the blank 1 % fill in the blank 2 % Turnover fill in the blank 3 fill in the blank 4 2.  Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 fill in the blank 5 % ROI year 2 fill in the blank 6 %

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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Return on Investment, Margin, Turnover

Data follow for the Consumer Products Division of Kisler Inc.:

  Year 1 Year 2
Sales $9,310,000   $7,940,000  
Operating income 523,222   307,278  
Average operating assets 18,254,902   17,644,444  

Required:

1.  Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places.

  Year 1 Year 2
Margin fill in the blank 1 % fill in the blank 2 %
Turnover fill in the blank 3 fill in the blank 4

2.  Compute the ROI for the Construction Division for each year.

Note: Enter percentage to two decimal places.

ROI year 1 fill in the blank 5 %
ROI year 2 fill in the blank 6 %
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