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Baird Corporation's balance sheet indicates that the company has \$520,000 invested in operating assets. During Year 2, Baird earned operating income of $54,080 on $1,040,000 of sales. Required a. Compute Baird's profit margin for Year 2 b. Compute Baird's turnover for Year 2 . c. Compute Balrd's return on investment for Yeat 2 d. Recompute Baird's ROI under each of the following independent assumptions: (1) Sales increase from $1,040,000 to $1,248,000, thereby resulting in an increase in operating income from $54,080 to $62,400 (2) Sales remain constant, but Baird reduces expenses, resulting in an increase in operating income from $54,080 to $56,160 (3) Baird is able to reduce its invested capital from $520,000 to $4:6,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Invertenent to 1 decimal blace.) Baird Corporation's balance sheet indicates that the company has $520,000 invested in operating assets. During Year 2 , Baird earned operating income of $54,080 on $1,040.000 of sales. Required a. Compute Beird's profit margin for Year 2. b. Compute Baird's turnover for Year 2 c. Compute Baird's retum on investment for Year 2. d. Recompute Batrd's ROl under each of the following independent assumptions: (1) Sales increase from $1,040,000 to $1,248,000, thereby resulting in an increase in operating income from $54,080 to $62.400. (2) Sales remain constant, but Baird reduces expenses. resulting in on increase in operating income from $54,080 to $56.160. (3) Baird is able to reduce its invested capltal from $520,000 to $416,000 without affecting operating income. Complete this question by entering your answers in the tobs below. Mecompute gairak for ender each of the folowing indegendent assumptions: (po not round intermedlate calculations, hound (1) Sales increase from $1,040,000 to $1,249,000, thereby resulting in an increase in operating income from 354,080 to 162,400 (2) Salles ramair constant, but Baird reduces experises, resulting in an increase in operatiog income from 554,080 to 156.160. (3) Baird is able to reduce ite inveoted capital from $520,000 to $416,000 without affecting operating income