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Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $40,068, invested assets of $159,000, and sales of $572,400. Use the DuPont
Profit Margin, Investment Turnover, and ROI
Cash Company has income from operations of $40,068, invested assets of $159,000, and sales of $572,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places.
a. Profit margin | % | |
b. Investment turnover | ||
c. Return on investment | % |
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