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Profit Margin, Investment Tumover, and Return on Investment The condensed income statement for the Consumer Products Division of Hydra Industries inc. Is as follows (assuming

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Profit Margin, Investment Tumover, and Return on Investment The condensed income statement for the Consumer Products Division of Hydra Industries inc. Is as follows (assuming no support department aliocations): The manager of the Consumer Products Division is considering ways to increase the return on investment. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in thy questions below. Open spreadsheet a. Using the Dupont formula for retum on investment, determine the pront margin, investment turnover, and return on investment of the Consumer Products Division, assuming that $2,540,000 of assets have been invested in the Consumer Products Division. Round the investment turnover to one decimal place. a. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that $2,540,000 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 $50,800 without decreasing sales, what would be the impact on the pront margin, investment turnover, and retum on investment for the Consumer Products Division? Round the investment turnover to one decimal place

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