Exercise 22-15 Return on investment LO A1, A2 ZNet Co. is a web-based retall company. The company reports the following for the past year. Sales Operating income Average invested assets $22,020,000 4,404,000 36,700,000 The company's CEO belleves that sales for next year will increase by 20%, and both profit margin (%) and the level of average Inves assets will be the same as for the past year. 1. Compute return on Investment for the past year. 2. Compute profit margin for the past year. 3. If the CEO's forecast is correct, what will return on investment equal for next year? 4. If the CEO's forecast is correct, what will Investment turnover equal for next year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute return on investment for the past year. Choose Numerator: Return on Investment Choose Denominator: Required 1 = Return on Investment Return on investment Required 2 >