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(Solved): Part 1: Using the DuPont formula for return on investment, determine the following, assuming that a ...
Part 1: Using the DuPont formula for return on investment, determine the following, assuming that additional assets of $90,000,000 have been invested in the company. 1. profit margin 2. investment turnover 3. rate of return on investment Part 2: If expenses could be reduced by $4,367,000 without decreasing sales, what would be the impact on the following: 1. profit margin 2. investment turnover 3. rate return on investment