Required:
1. Compute the ROI and the margin and turnover ratios for each year for the Furniture
Division. (Round your answers to four significant digits.)
2. Compute the ROI and the margin and turnover ratios for each year for the Houseware
Division. (Round your answers to four significant digits.)
3. Explain the change in ROI from Year 1 to Year 2 for each division.
Extracted text: Exercise 10.7 ROI, Margin, Turnover Jarriot, Ic., presented two years of data for its Furniture Division and its Houseware Division. Furniture Division: Year 1 Year 2 Sales S35,000,000 1,400,000 S37,500,000 1,500,000 Operating income Average operating assets 10,000,000 10,000,000 Houseware Division: Year 1 Year 2 Sales S12,000,000 S12,500,000 Operating income Average operating assets 600,000 5,000,000 500,000 5,000,000