Cash Company has income from operations of $112,500, invested assets of $750,000, and sales of $1,875,000. Use

Question:

Cash Company has income from operations of $112,500, invested assets of $750,000, and sales of $1,875,000. Use the DuPont formula to compute the rate of return on investment and show
(a) The profit margin,
(b) The investment turnover, and
(c) The rate of return on investment.