Economics Homework Help

The balance sheet for the Sand Dollar division of Stellar Company shows that for 2011 it had operating assets at the beginning of the year of $250,000 and $300,000 at the end of the year. During the year, the division had $14,000 of net operating income on sales of $450,000.

I. What is the ROI of the division?

II. If sales were $600,000 and net operating income was $30,000 and operating assets at the end of the year were $350,000, what would ROI be? For problems, be sure to answer all questions and provide all requested information. Your response should be at least 75 words in length.