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Profit Margin, Investment Turopver, and Return on Investment The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming

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Profit Margin, Investment Turopver, and Return on Investment The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming no support department allocations): The manager of the Consumer Products Division is considering ways ta increase the return on investment. a. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on imvestment of the Consumer Products Division, assuming that $2,880,000 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 $57,600 without decreasing soles, what would be the impoct on the profit margin, investment turnover, and return on investment f the Consumer Products Division? Round the investment turnover to one decimal plece

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