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Problem 15-22A (Algo) Return on investment LO 15-6 Finch Corporation's balance sheet indicates that the company has $560,000 invested in operating assets. During the year,

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Problem 15-22A (Algo) Return on investment LO 15-6 Finch Corporation's balance sheet indicates that the company has $560,000 invested in operating assets. During the year, Finch earned operating income of $62.720 on $1120,000 of sales, Required a. Compute Finch's profit margin for the year. b. Compute Finch's turnover for the year. c. Compute Finch's return on investment for the year. d. Recompute Finch's Rol under each of the following independent assumptions: (1) Sales increase from $1,120,000 to $1,344.000, thereby resulting in an increase in operating Income from $62,720 to $67,200 2) Sales remain constant, but Finch reduces expenses, resulting in an increase in operating income from $62,720 to $64,960. (3) Finch is able to reduce its invested capital from $560,000 to $448,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Reg A to C Reg D Compute Finch's profit margin, turnover and return on investment for the year. (Round "Profit margin" and "Return on Investment" to 1 decimal place (ie, 0234 should be entered as 23,4).) a Profit margin b Turnover Return on investment times a. Compute Finch's profit margin for the year. b. Compute Finch's turnover for the year. c. Compute Finch's return on investment for the year. d. Recompute Finch's ROI under each of the following independent assumptions: (1) Sales increase from $1,120,000 to $1,344.000, thereby resulting in an increase in operating income from $62.720 to $67.200 (2) Sales remain constant, but Finch reduces expenses, resulting in an increase in operating income from $62.720 to $64.960. (3) Finch is able to reduce its invested capital from $560,000 to $448.000 without affecting operating income. D:58 Complete this question by entering your answers in the tabs below. Reg A to C Reg D Recompute Finch's ROI under each of the following independent assumptions: (Do not round intermediate calculations. Round your answers to 2 decimal places. (l.e., 2345 should be entered as 23.45).) (1) Sales increase from $1,120,000 to $1,344,000, thereby resulting in an increase in operating income from $62,720 to $67,200 (2) Sales remain constant, but Finch reduces expenses, resulting in an increase in operating income from $62,720 to $64,960 (3) Finch is able to reduce its invested capital from $560,000 to $448,000 without affecting operating income. Show less Return on investment (1) % (2) (3)

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