Question
JasonPickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue$3,377,000Operating income540,320Average total assets1,688,500 Production manager
JasonPickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows:
Sales revenue$3,377,000Operating income540,320Average total assets1,688,500
Production manager Veronica Brockman is investigating the purchase of a new brining station that will increase the plant's production capacity. Based on her research, Veronica thinks the station would cost $763,900and would increase sales revenue by $301,600and operating profit by $66,649.
(a)
CalculateJason's current margin, asset turnover, and return on investment.(Round answers to 2 decimal places, e.g. 52.75.)
Current____ %
Asset_____times
Return on Investment_______%
Calculate Jason's margin, asset turnover, and return on investment assuming the company purchases the new brining station. (Round answers to 2 decimal places, e.g. 52.75.)
Current Margin______%
Asset Turnover _______times
Return on Investment ________%
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