Compute the companys return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.)

Using Lean Production, the company is able to reduce the average level of inventory by $400,000. (The released funds are used to pay off short-term creditors.) (Round your intermediate calculations and final answers to 2 decimal places.)

The company achieves a cost savings of $32,000 per year by using less costly materials. (Round your answers to 2 decimal places.)

The company issues bonds and uses the proceeds to purchase machinery and equipment that increases average operating assets by $500,000. Interest on the bonds is $60,000 per year. Sales remain unchanged. The new, more efficient equipment reduces production costs by $20,000 per year. (Round your intermediate calculations and final answers to 2 decimal places.)

As a result of a more intense effort by salespeople, sales are increased by 20%; operating assets remain unchanged. (Round your intermediate calculations and final answers to 2 decimal places.)

At the beginning of the year, obsolete inventory carried on the books at a cost of $40,000 is scrapped and written off as a loss. (Round your intermediate calculations and final answers to 2 decimal places.)

At the beginning of the year, the company uses $200,000 of cash (received on accounts receivable) to repurchase and retire some of its common stock. (Round your intermediate calculations and final answers to 2 decimal places.)

Margin		%
Turnover
ROI		%