(Solution Download) Helton CorporationAc??cs balance sheet indicates that the company has \$200,000 invested in operat

 Helton CorporationAc??cs balance sheet indicates that the company has \$200,000 invested in operating assets. During 2014, Helton earned operating income of \$53,000 on \$360,000 of sales.

 Required

 a. Compute HeltonAc??cs profit margin for 2014. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

 b. Compute HeltonAc??cs turnover for 2014. (Round your answer to 2 decimal places.)

 c. Compute HeltonAc??cs return on investment for 2014. (Round intermediate calculations and final answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

 d. Recompute HeltonAc??cs ROI under each of the following independent assumptions. (Do not round intermediate calculations. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

 (1) Sales increase from \$360,000 to \$530,000, thereby resulting in an increase in operating income from \$53,000 to \$70,000. (2) Sales remain constant, but Helton reduces expenses, resulting in an increase in operating income from \$53,000 to \$59,000. (3) Helton is able to reduce its invested capital from \$200,000 to \$149,000 without affecting operating income.

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This question was answered on: Dec 08, 2020

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