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David Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue $3,360,000 Operating income 571,200

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David Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue $3,360,000 Operating income 571,200 Average total assets 1,680.000 Production manager Veronica Brockman is investigating the purchase of a new brining station that will increase the plant's production capacity. Based on her research, Veronica thinks the station would cost $ 762,000 and would increase sales revenue by $ 303,000 and operating profit by $ 69,825. (a) x Your answer is incorrect. Calculate David's current margin, asset turnover, and return on investment. (Round answers to 2 decimal places, e.g. 52.75.) Current Margin 17.50 % Asset Turnover 1.50 times Return on Investment 26.25 %

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