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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
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. (b) Calculate William's margin, asset turnover, and return on investment assuming the company purchases the new brining station. (Round answers to 2 decimal places, e.g. 52.75.) Current Margin % Asset Turnover times Return on Investment % e Textbook and Media Save for Later Attempts: unlimited Submit
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