Margin, Turnover, Return on Investment Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000. Required: 1. Compute the operating income. $fill in the blank 1 2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin fill in the blank 2 % Turnover fill in the blank 3 3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. fill in the blank 4 %
Margin, Turnover, Return on Investment Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000. Required: 1. Compute the operating income. $fill in the blank 1 2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin fill in the blank 2 % Turnover fill in the blank 3 3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. fill in the blank 4 %
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
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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Margin, Turnover,
Pelak Company had sales of $4,974,000, expenses of $4,566,000, and average operating assets of $4,380,000.
Required:
1. Compute the operating income.
$fill in the blank 1
2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.
Margin | fill in the blank 2 % |
Turnover | fill in the blank 3 |
3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places.
fill in the blank 4 %
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