Required information [The following information applies to the questions displayed below.] The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. Sales revenue Cost of goods sold 6,150,000 2,715,000 3,127,500 3,075,000 Operating expenses Average invested capital denotes the British pound sterling, the national monetary unit of Great Britain. Required: Compute the company's sales margin, capital turnover, and ROI. Answer is complete but not entirely correct. Sales margin Capital turnover ROI 5% 2 28 X % 2. If the sales and average invested capital remain the same during the next year, to what level would total expenses hav reduced in order to improve the firm's ROI to 20 percent? Total expenses must be reduced to 2. If the sales and average invested capital remain the same during the next year, to what level would total expenses hav reduced in order to improve the firm's ROI to 20 percent? Total expenses must be reduced to