please answer part b

most recent year: Jerry Operating Income $125,604 Sales $2,791,200 Average lOperating Assets $953,890 Total Assets $1,104,240 Current Liabilities $208,780 It should be noted that Concord uses average operating assets as its definition of investment, and it has a minimum required rate of return of 8.72% and a tax rate of 22%. Concord has used a variety of ways to acquire capital and has the current makeup: proportion of equity is 38%, the equity rate is 6.5%, the proportion of debt is 62%, and the debt rate is 9.3%. Use this information to answer the following questions. "om and Jerry are both managers of sales teams at Concord Corp., a furniture company whose most popular item is a tweed couch. "om and Jerry are very competitive and each attempt to outperform one another every year. Currently, Tom's department has better metrics, which has resulted in larger bonuses forTom and his team. Concord Corp, evaluates both departments based upon each team's respective return on investment and economic value added. The departments reported the followingnancial data during the Tom $183,985 $3,679,700 $1,321,400 $1,521,040 $296,850 (b) What are the return on sales} investment turnover, and return on investment for each department? Notewhich department has performed better for each calculation. {Do not round intermediate calculations. Round answers ta2 decimal places, as. 15.25 or 15.25%.) Jerr Tom Department has V performed better Return on Sales 96 96 V Investment . . tI mes times v Turnover R t e urn on 96 96 v Investment Save fo' Lazar Attempts: 0 0f 1 used