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HW 3 mas-nyompa aye.. Homepage Kenne Replit-myfirstweb. W HTML Tutorial Saved Help Save & Exit Submit Check my work Problem 15-22A (Algo) Return on
HW 3 mas-nyompa aye.. Homepage Kenne Replit-myfirstweb. W HTML Tutorial Saved Help Save & Exit Submit Check my work Problem 15-22A (Algo) Return on investment LO 15-6 Jordan Corporation's balance sheet indicates that the company has $590.000 invested in operating assets. During the year, Jordan earned operating income of $69,620 on $1,180,000 of sales Required a. Compute Jordan's profit margin for the year. b. Compute Jordan's turnover for the year c. Compute Jordan's returnain Investment for the year. d. Recompute Jordan's RO underch of the following independent assumptions (1) Sales increase from $10,000 to $1,416,000, thereby resulting in an increase in operating income from $69.620 to $77,880. (2) Sales remain constant, but Jordan reduces expenses, resulting in an increase in operating income from $69.620 to $71,980. (3) Jordan is able to reduce its invested capital from $590,000 to $472,000 without affecting operating income Complete this question by entering your answers in the tabs below. Req A to C Reg D
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