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Exercise 22-15 Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales rating income

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Exercise 22-15 Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales rating income Average 2,260,e00 11,300,000 ease by 40%, and both profit margin % and the level of average invested The company's CEO believes that sales for 2018 will incr 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 t for 2017 Compute return on turn on Inves Numerator: Return on investment The company's CEO believes that sales for 2018 will increase by 40%, and both profit margin (%) a 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 2Required 3Required 4 If the CEO's forecast is correct, what t Required 3 hent turnover equal for 20182 De K Required 3 2

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