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Please Need the Answers ONLY in Excel functiona format thanks Genmure Corporation is trying to analyze the results of three efficiency initiatives that were taken

Please Need the Answers ONLY in Excel functiona format
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Genmure Corporation is trying to analyze the results of three efficiency initiatives that were taken on the previous fiscal period. Below is data relating to these projects: Factory Automation i Sales $400,000 Operating Expenses 225,000 Income Tax Expense 30,000 Average Assets Invested 1,100,000 Re-Certify Labor Force Sales $ 290,000 Operating Expenses 265,000 Income Tax Expense Average Assets Invested 4,000 125,000 Update Tools and Equipment Sales Operating Expenses Income Tax Expense Average Assets Invested Required: $ 142,000 48,000 28,000 500,000 Determine the Margin. Turnover, Return on Investment, and Residual Income for each initiative. Which initiative outperformed the others on the basis of Return on Investment? Which initiative outperformed the others on the basis of Residual Income? Management is pleased with the results of the last year and is offering additional resources to continue the positive trend with the initiatives. Recalculate the amounts with management's additional funding. Assume Income Tax remains the same. Determine the Margin, Tumover, Return on Investment, and Residual Income for each initiative with management's additional funding. If the manager for the labor force's performance uses ROI, would the manager accept the management's funding?

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