William Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue $3,359,000 Operating income 537,440 Average total assets 1,679,500 Production manager Veronica Brockman is investigating the purchase of a new brining station that will increase the plant's production capacity. Based on her research, Veronica thinks the station would cost $761,700 and would increase sales revenue by $302,800 and operating profit by $66,757. (a) Your answer correct. Calculate William's current margin, asset turnover, and return on investment. (Round answers to 2 decimal places, eg. 52.75.) Current Margin 16 % Asset Turnover 2 times Return on Investment 32 % e Textbook and Media Attempts: unlimited (b) X Your answer is incorrect. Calculate William's margin, asset turnover, and return on investment assuming the company purchases the new brining station. (Round answers to 2 decimal places, eg. 52.75.) Current Margin 16 % Asset Turnover 2 times Return on Investment 8.76 % e Textbook and Media Save for Later Attempts: unlimited Submit