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Profit Margin, Invetiment Turnover, and recurn on imvestment The condensed income statement for the Consumer Products Division of Fargo Industries Inc, is as foliows (aseaming
Profit Margin, Invetiment Turnover, and recurn on imvestment The condensed income statement for the Consumer Products Division of Fargo Industries Inc, is as foliows (aseaming no service departinent chyrges): The manager of the Consamer Products Division is consideing ways to increase the return on invesument. a. Using the Dupont Iommia for return on investment, Setermine the profit margin, investment turnover, and return on investment of the Consumer Products bivision. assumine thak $1,330,000 of assets have been invested in the Consumer Products Drvision. Round the investment turnover to one decimal place. b. If expenses could be reduced by $26,600 without decreasing sales, what would be the ingact on the profit margin, investment turnover, and reruen on irivestment for the Consumer Products Dwvsson? Round the mvestment turnover to one decinal plsce
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