Walton Corporation's balance sheet indicates that the company has $680,000 invested in operating assets. During Year 2, Walton earned operating income of $92,480 on $1,360,000 of sales. Required a. Compute Walton's profit margin for Year 2 b. Compute Walton's turnover for Year 2 c. Compute Walton's return on investment for Year 2. d. Recompute Walton's ROI under each of the following independent assumptions: (1) Sales increase from $1,360,000 to $1,632,000, thereby resulting in an increase in operating income from $92,480 to $97,920 (2) Sales remain constant, but Walton reduces expenses, resulting in an increase in operating income from $92,480 to $95,200. (3) Walton is able to reduce its invested capital from $680,000 to $544,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute Walton's profit margin, turnover and return on investment for Year 2. Note: Round "Profit margin" and "Return on investment" to 1 decimal place (i.e., 0.234 should be entered as 23.4). Recompute Walton's ROI under each of the fliowing independent assumptions: Note: Do not round intermediate calculations. Round your percentage answers to 2 decimal places. (i.e., 0.2345 should be entered as 23.45). (1) Sales increase from $1,360,000 to $1,632,000, thereby resulting in an increase in operating income from $92,480 to $97,920. (2) Sales remain constant, but Walton reduces expenses, resulting in an increase in operating income from $92,480 to $95,200. (3) Walton is able to reduce its invested capital from $680,000 to $544,000 without affecting operating income