The Baily Division recorded operating data as follows for the past two years: Baily Division's turnover was exactly the same in both Year 1 and Year 2.
-The margin in Year 2 was:
A)18.75%
B)27.00%
C)22.50%
D)12.00%

Question

The Baily Division recorded operating data as follows for the past two years:  Baily Division's turnover was exactly the same in both Year 1 and Year 2.
-The margin in Year 2 was:
A)18.75% 
B)27.00% 
C)22.50% 
D)12.00%

Quizplus · Accepted Answer

Turnover in Year 1 = ROI in Year 1 F1F1F1S1F1F1F10 Margin in Year 1 = 22.5% F1F1F1S1F1F1F10 15% = 1.5
ROI = Margin F1F1F1S1F1F1F10 Turnover
Margin in Year 2 = ROI in Year 2 F1F1F1S1F1F1F10 Turnover in Year 2
= ROI in Year 2 F1F1F1S1F1F1F10 Turnover in Year 1
= 18% F1F1F1S1F1F1F10 1.5 = 12%

The Baily Division Recorded Operating Data as Follows for the Past