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Profic Margin, Investment Turnover, and retum on investment The condensed income statement for the Consumer Products Division of Fargo industries inc. is as follows (assuming

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Profic Margin, Investment Turnover, and retum on investment The condensed income statement for the Consumer Products Division of Fargo industries inc. is as follows (assuming no service department charges): The manager of the Consumer Products Division is considering ways to increase the return on investrment. a. Using the Dufont formuls for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming thet \\$1,680,000 of assets have been invested in the Consumer Products Division, Round the investment turnover to one decimal place. b. If expenses could be reduced by \\( \\$ 33,600 \\) without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division? Round the investment turnover to one decimal place

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