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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 $3,291,200 Operating income 394,944

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

Sales revenue $3,291,200
Operating income 394,944
Average total assets 3,740,000

Production manager Veronica Brockman 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 $156,000 and would increase sales revenue by $200,000 and operating profit by $24,000.

Calculate Joyners current margin, asset turnover, and return on investment

Current Margin Enter percentagesEnter percentagesEnter percentages %
Asset Turnover Enter Asset Turnover in timesEnter Asset Turnover in timesEnter Asset Turnover in times times
Return on Investment

Enter percentagesEnter percentagesEnter percentages %

Calculate Joyners margin, asset turnover, and return on investment assuming the company purchases the new brining station.

Current Margin Enter percentagesEnter percentagesEnter percentages %
Asset Turnover Enter Asset Turnover in timesEnter Asset Turnover in timesEnter Asset Turnover in times times
Return on Investment

Enter percentagesEnter percentagesEnter percentages %

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