Peppy Portraits specializes in pet photography and has both franchised and company- operated studios. Profit margin and investment turnover for both segments are as follows: Company-operated studios Franchised studios Peppy Portraits is expanding. Segments Company-operated studios Profit Margin Franchised studios 70% 40% Investment Turnover a. Compute the return on investment (ROI) for each segments. Percent % 0.50 % 2.25 b. Based on the return on investment (ROI), would you advise a new location to be a company-operated or franchised studio?

Peppy Portraits specializes in pet photography and has both franchised and companyoperated studios. Profit margin and investment turnover for both segments are as follows: a. Compute the return on investment (ROI) for each segments. b. Based on the return on investment (ROI), would you advise a new location to be a company-operated or franchised studio