Chapter $24-$ Homework $2$

eBook

Show Me How

Profit margin, investment turnover, and ROI

Lewis Company has operating income of $$45,441,$ invested assets of $$153,000,$ and sales of $$413,100.$ Use the DuPont formula to compute the return on investment. Round your answers to two decimal places.

a$.$ Profit margin $\%$

b$.$ Investment turnover

c$.$ Return on investment $\%$

Progress: $\frac{1}{5}$ items

$5$ more Check My Work uses remaining.

Next