Zachs, a national manufacturer of lawn mowing and snow-blowing equipment, segments its business according to customer ty

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Zachs A National Manufacturer Of Lawn Mowing And Snow Blowing Equipment Segments Its Business According To Customer Ty 1 (49.47 KiB) Viewed 34 times

Zachs, a national manufacturer of lawn mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: 5 Click the icon to view the information.) Read the requirements. .. Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, X.XX%) = ROI X Data table Requirements Residential Professional Net Sales Revenue Operating Income Average Total Assets $ 550,000 $ 62,980 S 188,000 1,090,000 157,140 388,000 1. Calculate each division's ROI. Round all of your answers to four decimal places 2. Calculate each division's profit margin ratio. Interpret your results 3. Calculate each division's asset turnover ratio. Interpret your results. 4. Use the expanded ROI formula to confirm your results from Requirement 1. What can you conclude? Management has a 23% target rate of return for each division. Print Done Print Done