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Profit Margin, Itwestment Turnover, and retum on investment. The condensed income statement for the Consumer Products Division of farpo Industries inc. is as follows (assuming

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Profit Margin, Itwestment Turnover, and retum on investment. The condensed income statement for the Consumer Products Division of farpo Industries inc. is as follows (assuming no service department charges): The manager of the Consumer Prodocts Division is considering ways to increase the return on investment. a. Ueing the Dupont formula for return on investment, determine the profit margin, investment turnover, and return on imvestment of the Consumer Products Division, assuming that $2,260,000 of assets have been invested in the Consumer Products Division. Round the investment turnover to one decimar place. b. If expenses could be reduced by $67,800 without decreasing sales, what would be the impact on the profit margin, imvestment turnover, and return on imvestment for the Constimer Products Division? Round the investment turnover to one decimal ploce

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