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i marom investment tower and retum on investment Sales The condensed income statement for the consumer Products Division of T-State Industries Inc. is as follows

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i marom investment tower and retum on investment Sales The condensed income statement for the consumer Products Division of T-State Industries Inc. is as follows (assuming no suport department changes) $200,000,000 Cost of goods sold 215,200,000 Gross profit 584,000,000 Administrative expenses $5,200,000 Operating income $19,600,000 The manager of the Consumer Products Division is considering ways to increase the return on investment This information has been collected in the Microsoft Excel Online fin. Open the spreadsheet, perform the required analysis, and input your answers in the question below Open spreadsheet Using the Durant formula for return on investment determine the profit margin, investment turnove and return on ent of the Consumer Products Division, assuming that 5:05,580,000 of assets have been invested in the Consumer Product Division, Round your answers for the profit margin and the rate of return on investment to the nearest whole number, round your answer for the investment tumover to two decimal places Profit margin Investment turnover of return on investment expenses could be reduced by $3.510,000 without decreasing sales, what would be the impact on the profit margin investment turnovec and return on investment for the Consumer Products Division Round your nuwers for the profile margin and the rate of return on investment to the nearest whole number round your answer for the investiment turnover to two decimal places Investment turnover ate of return on itment

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