Homework Answers
| a | Profit margin = | Operating income/sales |
| = | $17,982/$199,800 | |
| = | 9.00% | |
| b | Investment turnover = | Sales/Invested Assets |
| = | $199,800/$74,000 | |
| = | 2.70 | |
| c | Return on investment = | Profit margin x Investment turnover |
| = | 9% x 2.70 | |
| = | 0.24 | |
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