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Question 3 of 7 4.83/14.5 James Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows:
Question 3 of 7 4.83/14.5 James Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue Operating income Average total assets $3,355,000 402,600 1,677,500 Production manager Veronica Brockman is investigating the purchase of a new brining station that will increase the plant's production capacity. Based on her research, Veronica thinks the station would cost $760,500 and would increase sales revenue by $302,000 and operating profit by $54,525. (a) Your answer is correct. Calculate James's current margin, asset turnover, and return on investment. (Round answers to 2 decimal places, eg. 52.75) Current Margin (b) 12 % Asset Turnover 2 times Return on investment 24 % Calculate James's margin, asset turnover, and return on investment assuming the company purchases the new brining station. (Round answers to 2 decimal places, eg. 52.75) Current Margin Asset Turnover % times Return on Investment % +
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