Problem #2 Chase Company had the following income statement for last year: (4 points) Sales Less: Cost of goods sold Gross margin Less: Selling& Admin. Expense Operating income Beginning assets were $279,500 and ending assets were $360500 $180,000 97,500 $ 82.500 39,300 S 43,200 Part 1 Using the above information for Chase Company. Calculate: Average operating assets were S Margin was Turnover was Return on investment was A. B. C. D. Part 2 Assume Chase has an investment opportunity that would increase Operating Income by $12,000 and increase Sales by $60,000. The investment would increase average operating assets by $100,000. Calculate the following for Chase Company with the investment (round to 2 decimal places) Margin would be Turnover would be ROI would be Should Chase make the investment? E. F. G. H