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Margin Investment Turnover and Return on Investment The condensed income statement for the Consumer Products...

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Margin Investment Turnover and Return on Investment The condensed income statement for the Consumer Products Division of Tri State Industries Inc is as follows assuming no support department allocations Sales Cost of goods sold Gross profit Administrative expenses 230 000 000 126 500 000 103 500 000 64 400 000 Operating income 39 100 000 The manager of the Consumer Products Division is considering ways to increase the return on investment a Using the DuPont formula for return on investment determine the profit margin investment turnover and return on investment of the Consumer Products Division assuming that 143 750 000 of assets have been invested in the Consumer Products Division If required round your answers to one decimal place Profit margin 17 Investment turnover Return on investment b If expenses could be reduced by 3 450 000 without decreasing sales what would be the impact on the profit margin investment turnover and return on investment for the Consumer Products Division If required round your answers to one decimal place Profit margin Investment turnover X Return on investment

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