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Exercise 12-22 Data follow for the Construction Division of D. Jack Inc.: Year 1 Year...

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Accounting

Exercise 12-22

Data follow for the Construction Division of D. Jack Inc.:

Year 1 Year 2

Sales $ 52,000,000 $ 57,750,000

Operating income 7,280,000 7,507,500

Average operating assets 200,000,000 262,500,000

(Note: Round all answers to two decimal places.)

Required:

1. Compute the margin and turnover ratios for each year.

2. Compute the ROI for the Construction Division for each year.

Exercise 12-23

The Tuxedo Division of Shamus O

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