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Exercise 1 ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating income Average invested assets $14,100,000 7,850,000 28,200,000

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Exercise 1 ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating income Average invested assets $14,100,000 7,850,000 28,200,000 The company's CEO believes that sales for 2018 will increase by 10%, and both profit margin() and the level of average invested assets will be the same as for 2017 1. Compute return on investment for 2017 2. Compute profit margin for 2017 3. If the CEO's forecast is correct, what will return on investment equal for 2018? 4. If the CEO's forecast is correct, what will investment turnover equal for 2018? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute return on investment for 2017. Return on Investment Choose Numerator: 1 Choose Denominator: Return on Investment Return on Investment Required 1 Required 2 Required 3 Required 4 Compute profit margin for 2017. Prk || Mar in Choose Denominator: Choose Netto Profit Margin Profit margin 4 1 Return on Investment Choose Denominator: Choose Numerator Return on investment Return on investment Choose Numerator: Investment Turnover Investment Turnover 1 Choose Denominator: 1 1 11 Investment turnover

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