nation Sond Solano Company has sales of $760,000, cost of goods sold at $500,000, ctner operating expenses of $40.000, average invested assets of $2,250,000, and a hurdle rete of 11 percent. Required: 1. Determine Salano's retum on Investment (RO investment turnover, profit margin and residual income. 2. Several possible changas that Soleno could face in the upcoming year follow. Determine each scenario's Impact on Salana's ROI and resicus income. (Note: Treat each scenario independently. 8. Company sales and cost of goods sold increase by 40 percent. b. Operating expenses decrease by $11.000 c. Operating expenses increase by 20 percent. d. Average invested essets increase by $430,000 e. Solano changes its hurdle rate to 17 percent Complete this question by entering your answers in the tabs below. Req 1 Req 24 25 Req 2C Req 20 Determine Suano's return on investment (ROI), Investment turnover, profic margin, and residual Income. (Loss amours. should be indicated with a minus sign. Do not round your Intermediate calcuations Enter your ROI and Prafik Margin page answer to the nearest 2 decimal places, (ie., 0.1234 should be wired 17 34%). Round your Investment Tumover answer to 4 decimal places.) Form Investment Tumoval Put Mann rekta inoo no Ray2A > < Prax 11 t 40 Next > Help