45 of 23 (20 complete) This Test Calculate the folowing amounts for Packwood 17, Profit margin ratio 18. Asset funover raio 19. Retun on investment 20. Residusl income Packwood Company has complied the following data EEB (Click the icon to view the dara.) 17. Calculate the profit margin ratio Begin by selecting the formula to caiculate profit margin ratio, and then enter the amounts to caliculate the company's proft margin ratio Profi margih rato 18. Calculate the asset tunover ratio Begin by selecting the fommula to calculate the asset turnover and then enter the amounts to calculiahe the company's asset bunover Round your answer to one decimal place, Xxx Asset turnover ratio 19. Calculane the return on investment Begin by selecting the formula to calculiate cetun on investment and then enter the amounts to calcuiate the compen's retrh on investment Enbar your ansivec as a percent rounded to one decima place xx Choose from any list or enter any number in the input felds and then continue to the next question Calculate the following amounts for Packwood: 17. Profit margin ratio 18. Asset turnover ratio 19. Return on investment 20. Residual income r the am Data Table it margin r ter the am turnover rat Net sales Operating income Average total assets Management's target rate of return 2.000,000 240,000 500.000 12% o one decimal place. X. Print Done n enter the a enswer as a percent round n continue to the next question Packwood Company has compliled the following data: EE Calculate the following amounts for Packwood 17. Profit margin ratio 18. Asset turnover ratio 19. Return on investment 20. Residual income Click the icon to view the data.) Asset tumover ratio 19. Calculate the return on investment Begin by selecting the formula to calculate returm on investment, and then enter the amounts to calculate the company's retum on investment. (Enter your answer as a percent rounded to one dec Retum on investment 20. Calculate the residual income First select the formula to calculate residual income Residual Income The residual income for the Packwood Company is S Choose from any list or enter any number in the input fields and then continue to the next