Solano Company has sales of S880,000, cost of goods sold of $560,000, other operating expenses of $45,000, average invested assets of $2,550,000, and a hurdle rate of percent. Required: 1. Determine Solano's retun on investment (RoI), investment turnover, profit margin, and residual income. (Do not round your intermediate calculations. Enter your ROI and Profit Margin percentage answer to the nearest 2 decimal places, (.e., 0.1234 should be entered as 12.34%) . Round your Investment Turnover answer to 4 decimal places.) Return on Investment 10.78% Investment Turnover 0.3451 Profit Margin 31.25 Residual Income (Loss (31,000) 2. Several possible changes that Solano could face in the upcoming year follow. Determine each scenario's impact on Solano's ROI and residual income. (Note: Treat each scenario independently.) (Enter your RO percentage answers to 2 decimal places, (i.e., 0.1234 should be entered as 12.34%.)) a. Company sales and cost of goods sold increase by 40 percent. Return on Investment Residual Income (Loss) Operating expenses decrease by S14,000 Return on Investment Residual Income (Loss) c. Operating expenses increase by 10 percent. Retum on Investment Residual Income (Loss) Average invested assets increase by $490,000. Retum on Investment Residual Income (Loss) hurdle rate to 18 percont. e. Solano changes Retu Investment Residual Income (Loss)