D21 Exam Three Study Sheet - Accour X Course Hero X CengageNOWv2 | Online teachin x C Expert Q&A X + V X C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Q E X D21 GOView My Sessions | Proct. Er Class Principles of... ) My Shelf | Brytewav.. 2 MindTap - Cengage... Other bookmarks Profit Margin, Investment Turnover, and Return on Investment 1. EX.24.01 The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows ? 2. EX.24.02.ALGO (assuming no service department cost allocations): Sales $808,000 3. EX.24.04 Cost of goods sold 363,600 4. EX.24.05.ALGO Gross profit $444,400 5. EX.24.07.ALGO Administrative expenses 161,600 Income from operations $282,800 6. EX.24.10.ALGO The manager of the Consumer Products Division is considering ways to increase the return on investment. 7. EX.24.11 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 $2,020,000 of assets have been 8. EX.24.12.EXCEL.ALGO invested in the Consumer Products Division. Round the investment turnover to one decimal place. 9. EX.24. 13.ALGO Profit margin Investment turnover 10. EX.24.18 Rate of return on investment b. If expenses could be reduced by $40,400 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division? Round 77OF 5:38 PM Cloudy 4/16/2022 2D21 Exam Three Study Sheet - Accour X Course Hero X CengageNOWv2 | Online teachin x C Expert Q&A X + V X C v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Q E X D21 GOView u My Sessions | Proct. Er Class Principles of.. ) My Shelf | Brytewav... 2 MindTap - Cengage... Other bookmarks 4. EX.24.05.ALGO Income from operations $282,800 The manager of the Consumer Products Division is considering ways to increase the return on investment. ? 5. EX.24.07.ALGO a. Using the Dupont formula for return on investment, determine the profit margin, investment turnover, 6. EX.24.10.ALGO and return on investment of the Consumer Products Division, assuming that $2,020,000 of assets have been invested in the Consumer Products Division. Round the investment turnover to one decimal place. 7. EX.24.11 Profit margin 8. EX.24.12.EXCEL.ALGO Investment turnover Rate of return on investment % 9. EX.24.13.ALGO b. If expenses could be reduced by $40,400 without decreasing sales, what would be the impact on the 10. EX.24.18 profit margin, investment turnover, and return on investment for the Consumer Products Division? Round the investment turnover to one decimal place. Profit margin % Investment turnover Rate of return on investment % Progress: 9/10 items Check My Work 3 more Check My Work uses remaining. Previous Next 77'F S 5:38 PM Cloudy 4/16/2022 2