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Vernon Corporation's balance sheet indicates that the company has $ 6 7 0 , 0 0 0 invested in operating assets. During Year 2 ,

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Vernon Corporation's balance sheet indicates that the company has $670,000 invested in operating assets. During Year 2, Vernon earned operating income of $89,780 on $1,340,000 of sales.
Required
a. Compute Vernon's profit margin for Year 2.
b. Compute Vernon's turnover for Year 2.
c. Compute Vernon's return on investment for Year 2.
d. Recompute Vernon's ROI under each of the following independent assumptions:
(1) Sales increase from $1,340,000 to $1,608,000, thereby resulting in an increase in operating income from $89,780 to $104,520.
(2) Sales remain constant, but Vernon reduces expenses, resulting in an increase in operating income from $89,780 to $92,460.
(3) Vernon is able to reduce its invested capital from $670,000 to $536,000 without affecting operating income
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