11373-11 PM Question 5 Not complete Marked out of Sik ROI; RI The following information for the year is available for Leffingwell Industries: average assets invested, $9,840,000; sales, $31,400,000, and expenses. $27,600,000. a. Calculate return on investment Note: Round percentage to one decimal paint (Lc. round 4.555% to 4,6%). 20 b. Calculate profit margin. Note: Round percentage to one decimal point (i.e. round 4.SSS% to 4.6%). Calculate asset turnover. Note: Round amount to one decimal point (Le.round 4.555 to 4.6). Homework 4 Chap 13, 14, 17 & 16) d. Using (b) and (c), prove your answer to (a) Note: Use rounded amounts from earlier calculations except for ROI which is rounded to the nearest whole percentage. Asset turnover x Profit margin = RO1 12 193 1 e. Assuming Leffingwell's cost of capital is 14 percent, compute residual income.

, 211 Question 5 Not complete ROL; RI Marked out of 5.83 Homerk (Chap 141718) The following information for the year is available for Leffingwell industries: average assets invested, $9,840,000; sales, $31,400,000, and expenses, $27,600,000 a. Calculate return on investment Note: Round percentage to one decimal point (Le. round 4.555% to 4.6%). b. Calculate profit margin Note: Round percentage to one decimal point (ie. round 4.555% to 4.6%). c. Calculate asset turnover, Note: Round amount to one decimal point (Le round 4.555 to 4.6) d. Using (b) and (c), prove your answer to (a) Note: Use rounded amounts from earlier calculations except for ROI which is rounded to the nearest whole percentage Asset turnover Profit margin ROL % e. Assuming Leffingwell's cost of capital is 14 percent, compute residual income.