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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 $3,355,300 Operating income 402,636

Joyner Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows:

Sales revenue $3,355,300
Operating income 402,636
Average total assets 3,770,000

Production manager Veronica Joyner is investigating the purchase of a new brining station that will increase the plants production capacity. Based on her research, Veronica thinks the station would cost $158,000 and would increase sales revenue by $200,000 and operating profit by $24,000.image text in transcribed

Calculate Joyner's current margin, asset turnover, and return on investment. (Round answers to 2 decimal places, e.g. 52.75.) Current Margin 12 % Asset Turnover 0.91 times Return on Investment 10.86 %

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