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Franklin Corporation's balance sheet indicates that the company has $570,000 invested in operating assets. During the year, Franklin earned operating income of $64,980 on $1,140,000

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Franklin Corporation's balance sheet indicates that the company has $570,000 invested in operating assets. During the year, Franklin earned operating income of $64,980 on $1,140,000 of sales. Required a. Compute Franklin's profit margin for the year. b. Compute Franklin's turnover for the year. c. Compute Franklin's return on investment for the year. d. Recompute Franklin's ROI under each of the following independent assumptions: (1) Sales increase from $1,140,000 to $1,368,000, thereby resulting in an increase in operating income from $64,980 to $82,080. (2) Sales remain constant, but Franklin reduces expenses, resulting in an increase in operating income from $64,980 to $67,260, (3) Franklin is able to reduce its invested capital from $570,000 to $456,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Reg A to C RegD Compute Franklin's profit margin, turnover and return on investment for the year. (Round "Profit margin" and "Return on Investment" to 1 decimal place (.e., 0.234 should be entered as 23.4)) a. Profit margin b. Turnover Return on investment % times % REGAI ReqD>

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