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4The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows (assuming no service department charges): $82,500,000 Sales Cost of

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4The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows (assuming no service department charges): $82,500,000 Sales Cost of Goods Sold Gross Profit Adm. Expenses 53,625,000 $28,875,000 15,675,000 ncome from Operations $13,200,000 The manager of the Consumer Products Division is considering ways to increase the return on investment. 1. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that $55,000,000 of assets have been invested in the Consumer Products Division. 2. If expenses could be reduced by $1,650,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division

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