Exercise 95 Return on Investment RO Lo91 Provide the missing
Exercise 9-5 Return on Investment (RO) Lo9-1 Provide the missing data in the following table for a distributor of martial arts products: (Enter your Margin and ROI answers to the nearest percentage (i.e., 0.123 should be entered as 12).) Division Bravo $369,000 Alpha Charlie Sales Net operating income Average operating assets Margin Turnover Return on investment ROI) 44,280 49,280 S 364,000 61% 111% 36 % 22%
Solution
Alpha Bravo Charlie Sales 2184000 369000 448000 Net operating income 131040 44280 49280 Average operating assets 364000 123000 224000 Margin 6% 12.00% 11% Turnover 6 3 2 Return on investment 36% 36% 22%