Brian Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current...
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Brian Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows: Sales revenue Operating income $3,374,000 438,620 1,687,000 Average total assets 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 $ 763,400 and would increase sales revenue by $ 301,600 and operating profit by $ 57,586. (a) Calculate Brian's current margin, asset turnover, and return on investment (Round answers to 2 decimal places, eg. 52.75.) Current Margin % Asset Turnover times Return on Investment %
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