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Joyner Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue $ 3,375,000 Operating income

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Joyner Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue $ 3,375,000 Operating income 540,000 2 Average total assets 1,687,500 3 4 Production manager Veronica Brockman is investigating the 5 purchase of a new brining station that will increase the plant's 6 production capacity Based on her research, Veronica has 7 estimated the following. 18 19 Estimated station cost 762,500 20 Increased sales revenue 300,000 21 Increase in operating profit 66,375 $ Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or work area as indicated. Calculate Joyner's current margin, asset turnover, and return on investment. Margin IE 16.00% Turnover 2.0 times ROI 32.00% b. Calculate Joyner's margin, asset turnover, and return on investment assuming the company purchases the new brining station. Margin Turnover = times ROI 11 b. Calculate Joyner's margin, asset turnover, and return on investment assuming the company purchases the new brining station. Margin 11 Tumover 11 times ROI C. Assume Veronica Brockman's annual bonus is based on the company's return on investment. Will Veronica support the purchase of the new brining station? Why or why not

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