Solano Company has sales of $500,000, cost of goods sold of $370,000, other operating expenses of $50,000, average invested assets of $1,600,000, and a hurdie rate of 6 percent: Required: 1. Determine Solano's return on investment (ROI), investment turnover, profit margin, and residual income. 2. Several possible changes that Solano could face in the upcoming year follow. Determine each scenario's impoct on Solano's ROI and residual income. (Note. Treat each scenario independently) a. Company sales and cost of goods sold increase by 30 percent. b. Operating expenses decrease by $10,000 c. Operating expenses increase by 20 percent d. Average invested assets increase by $300,000. e. Solano changes its hurdie rate to 12 percent. Answer is not complete. Complete this question by entering your answers in the tabs below. Determine Solano's return on investment (ROI), investment tumover, profit margin, and residual incame. (Do not roind your intermediate calculations, Enter your HOl and Profit Margin anwer to the nearest whole percentage, (lie., 0.1234 should be entered as 12\%(5), Round your thvectment Turnover answer to 4 decimal places, Loss ameunta should be indicated with a minus sign.) Q Answer is not complete. Complete this question by entering your answers in the tabs below. Several possible changes that Solano could foce in the upcoming year foliow. Determine each acenario's impact on Solano's Aoveral possible changes that Solano could foce in the upcoming year foliow. Deteminine each icenent. (Note: Treat each scenario independenthy.) Company sales and cost of goods sold increase by 30 percent. (Enter your flof percentage answers to 2 decimal places, (i.e, 0.1234 should be entered as 12.3496.), Loss amounts should be indicoted with a minus sign.) Conplete this question by entering yout onswers len the tabe below. whth a minus vigni) Complete this question ly entering your anwwers in the tabs below. Several possible changes that Solane could fack in the upceming yos felow. Detemmine each ocenario s imbact an Solane s mith \& mirwe sign! Complete this question by entering your answers in the tabs below. Several possble changes that Solane could face in the upcoming vear follow. Determine each scenario's impact on Sulano's Rol and residual income. (Rote: Treat each scenario independently.) Average invested aswets increase by 1300,000 . (Enter. your Rot perchntage antwers to 2 deomal places, (1. e. 0.1234 should be entered ai 12.347.,. Loss amounts ahould be ladicated with a minus wign.) Q Answer is not complete. Complete this question by entering your answers in the tabs below. Several powvble changes that Solano could face in the upceening vear follow. Determine each acenario impact on Solano's Whth a ninus son