Question

Fill in the blanks: (Round "Return on sales" and "Asset turnover" answers to 2 decimal places....

Fill in the blanks: (Round "Return on sales" and "Asset turnover" answers to 2 decimal places.

Division
X Y Z
Sales $375,000 $600,000
Operating income 37,500 240,000
Investment (assets) 150,000 6,000,000 1,980,000
Return on sales 10.00 % % 0.50 %
Asset turnover 2.50 1.70
Return on investment 25.00 % 4.00 % %
0 0
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Answer #1

C D E F G Division 40,000 Sales Operating income Investment (assets) Return on sales $375,000 37,500 150,000 10% $600,000 240

Working note:

C D E Division Sales 375000 Operating income 37500 Investment (assets) 150000 Return on sales 10 Asset turnover 12.5 Return o

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