ROI, Margin, Turnover
Allard, Inc., presented two years of data for its Frozen Foods Division and its Canned Foods Division.
Frozen Foods Division:
Year 1 Year 2
Sales $34,210,000 $36,810,000
Operating income 1,299,980 1,398,780
Average operating assets 10,000,000 10,000,000
Canned Foods Division:
Year 1 Year 2
Sales $11,310,000 $11,864,200
Operating income 610,740 522,025
Average operating assets 5,000,000 5,000,000
Required:
Round the ROI and margin percentages to two decimal places (for example, enter the decimal.10555
as "10.56" percent). Round the turnover ratio to two decimal places.
1. Compute the ROI and the margin and turnover ratios for each year for the Frozen Foods Division.
Frozen Foods Division
ROI Margin Turnover
Year 1 % %
Year 2 % %
2. Compute the ROI and the margin and turnover ratios for each year for the Canned Foods Division.
Canned Foods Division
ROI Margin Turnover
Year 1 % %
Year 2 % %