The contribution format income statement for Huerra Company for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the yeat. Required: 1. Compute the company's margin, turnover, and returri on investment (ROl) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROl in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per year. 5. As a result of a more intense effort by sales people, sales are increased by \15; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss. thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. At the beginning of the year, obsolete inventary carried on the books at a Required 600 is scrapped and written off as a loss, thereby lowering net operating income. loss, thereby lowering net operating income. (Round your intermediate calculations and final answer to 2 decimal places.) The contribution format income statement for Huerra Complany for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the year. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per year. 5. As a result of a more intense effort by sales people, sales are increased by \15; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss, thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. As a result of a more intense effort by sales people, soles are increased by \15; operating assets remain unchanged. (Round your intermediate calculations and final answer to 2 decimal places.) The contribution format income statement for Huerra Company for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the year. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per year. 5. As a result of a more intense effort by sales people, sales are increased by \15; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss, thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. Compute the company's margin, turnover, and return on investment (ROI) for the period. (Round your intermediate The contribution format income statement for Huerra Compony for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the year. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (T) obove. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\) 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per yeat: 5. As a result of more intense effort by sales people, sales are increased by 15\\%; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss. thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (recelved on accounts recelvable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). (Round your intermediate calculations and final answer to 2 decimal places.) The contribution format income statement for Huerra Complany for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the year. Required: Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increase's average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per year. 5. As a result of a more intense effort by sales people, sales are increased by \15; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss. thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. (Round your intermediate calculations and final answer to 2 decimal places.) The contribution format income statement for Huerra Complany for last year is given below: The company had average operating assets of \\( \\$ 493,000 \\) during the yeat. Required: Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for the period. For each of the following questions, indicate whether the margin and turnover will increase, decrease, of remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by \\( \\$ 96,000 \\). 3. The company achieves a cost savings of \\( \\$ 10,000 \\) per year by using less costly materials. 4. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain unchanged. The new, more efficient equipment reduces production costs by \\( \\$ 6,000 \\) per year. 5. As a result of a more intense effort by sales people, sales are increased by \15; operating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of \\( \\$ 18,000 \\) is scrapped and written off as a loss, thereby lowering net operating income. 7. At the beginning of the year, the company uses \\( \\$ 177,000 \\) of cash (received on accounts receivable) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. The company purchases machinery and equipment that increases average operating assets by \\( \\$ 121,000 \\). Sales remain The company purchases machinery and equ pment that increases overage operating assets by \\( \\$ 121,000 \\), therficent equipment reduces production costs by \\( \\$ 6,000 \\) per year. (Do not round intermediate calculations and round your final answers to 2 decimal places.)