3. The following data pertain to Napal Company for 20x1 Sales revenue Cost of goods sold Operating expenses Average invested capital $1,000,000 550,000 400,000 500,000 Required: A. Calcul B. If the sal expenses have to be reduced in 20x2 to achieve a 15% return on investment? ate the company's sales margin, capital turnover, and return on investment for 20x1. es and average invested capital remain the same, to what level would total costs and C. Assume that costs and expenses are reduced, as calculated in requirement "B." Calculate the firm's new sales margin. D. Suggest two possible actions that will improve the company's capital turnover. 4. Consider the following data of Twisted Corporation's Northern Division: Sales revenue $18,750,000 Capital turnover Average invested capital Sales margin Income Return on investment Residual income Twisted's imputed interest rate 4% 15% 12% Required A. Calculate Northern's capital turnover B. Calculate Northern's average invested capital. C. Calculate Northern's income. D. Calculate residual income