Content X Bb UTF-8"Summer%202023%20ACT x Search Results | Course Hero x |C Project 4 Part Four Problem (20 | x C please show work | Chegg.com x + UTF-8"Summer%202023%20ACT X + C docs.google.com/spreadsheets/d/1FBmzehJ3SRcOYRqcWOFaCjHukgV6DFM7CjVo5KAQQWs/edit?resourcekey=0-JTCEv30GYMTeJghA7eN9KQ#gid=1771846562 Home G Freedom of Expres.. Workflow Analytics.. coc go/goc-intranet-us w Home - Workday Updated GOC US C. G Life of a Matter - He. Calculator: Add to o.. ma GAIA - Moma Search G LIS GOC Help Cente. All Bookmarks UTF-8"Summer%202023%20ACT6203%20Project%20Three%20Part%20Four * & Share File Edit View Insert Format Data Tools Extensions Help Q Menus 6 2 5 5 100% * $ % .0 .00 123 Arial - 10 + B IS 31 A1 fx Project 3 Part Four Problem (15 points) E G H K M N O Project 3 Part Four Problem (15 points) Tropical Selections is a restaurant chain operating in select cities in Florida. Select financial data is presented below to provide you with the necessary content for performance evaluation purposes. Pensacola Clearwater Naples Restaurant Restaurant Restaurant Total Sales revenue 3,500,000 1,600,000 1,400,000 6,500,000 Variable costs 975,000 475,000 460,000 1,910,000 10 Fixed costs 1,860,00 725,000 700,000 3,285,000 11 Operating income 665,000 400,000 240,000 1,305,000 Interest costs on long-term debt at 10% 450,000 13 Income before income taxes 855,000 Income taxes at 30% 256,500 Net income 598,500 + 16 Net book values at the end of 2022: 17 Current assets 850,000 700,000 300,000 1,850,000 18 g-term assets 2,700,000 1,800,000 800,000 5,300,000 19 Total assets 3,550,000 2,500,000 1,100,000 7,150,000 20 Current liabilities 300,000 150,000 50,000 500,000 21 Long-term debt 4,500,000 22 Stockholders' equity 1.000,000 23 Total liabilities and stockholders' equity 6,000,000 24 25 Requirement One: 26 Calculate ROI for each of the three 27 restaurants by using the condensed ROI formula 28 29 Requirement Two: 30 Calculate Profit Margin (Return on Sales) for each 31 Calculate Asset Turnover for each 32 33 Requirement Three: 34 Calculate ROI for each of the three again, but 35 assume sales increase by 5% for each one. 36 Assets and fixed costs remain the same as presented. 37 38 Requirement Four: 39 Calculate ROI for each of the three again, but 40 assume fixed costs decrease by 15% for each one. 41 Assets and costs remain the same as presented. 42 43 + X - XXX Project Problem Three - XX - + x 3 3 Jul 15 8:27