ces Solano Company has sales of $540,000, cost of goods sold of $390,000, other operating expenses of $52,000, average invested assets of $1,700,000, and a hurdle rate of 7 percent Required: 1. Determine Solano's return on investment (ROI), Investment turnover, profit margin, and residual income. 2. Several possible changes that Solano could face in the upcoming year follow: Determine each scenario's impact on Solano's ROI and residual income (Note: Treat each scenario Independently.) a. Company sales and cost of goods sold Increase by 30 percent. b. Operating expenses decrease by $11,500 c. Operating expenses Increase by 10 percent d. Average Invested assets increase by $320.000 e. Solano changes its hurdle rate to 13 percent Complete this question by entering your answers in the tabs below. I Re Req 2A Req 281 Reg 20 Req 20 Req 26 Determine Solano's return on investment (ROI), investment turnover, profit margin, and residual income. (Loss amounts should be indicated with a minus sign. Do not round your intermediate calculations. Enter your ROI and Profit Margin percentage answer to the nearest 2 decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Investment Turnover answer to 4 decimal places.) Return on Investment % Investment Turnover Profil Margin % Residual Income (Loss) Show less A