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4-4 p. 1118 PE 24-4A Profit margin, investment turnover, and ROI OBJ. 4 McBreen Company has income from operations of $96,000, invested assets of $400,000,

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4-4 p. 1118 PE 24-4A Profit margin, investment turnover, and ROI OBJ. 4 McBreen Company has income from operations of $96,000, invested assets of $400,000, and sales of $1,200,000. Use the DuPont formula to compute the rate of return on in- vestment and show (a) the profit margin, (b) the investment turnover, and (c) the rate of return on investment. McBreen Company DuPont's formula for the Rate of Return on Investment For the year then ended $ 96,000 Correct Income from operations Sales Profit Margin n/a Sales Invested Assets Investment Turnover n/a Profit Margin X Investment Turnover Rate of Return on Investment n/a

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