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Joyner Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year...

Joyner Pickled Pepper Company produces pickled jalapeno pepper relish. Selected results from the most current year were as follows:

Sales revenue $3,291,200
Operating income 394,944
Average total assets 3,740,000

Production manager Veronica Brockman is investigating the purchase of a new brining station that will increase the plant’s production capacity. Based on her research, Veronica thinks the station would cost $156,000 and would increase sales revenue by $200,000 and operating profit by $24,000.

Calculate Joyner’s current margin, asset turnover, and return on investment

Current Margin Enter percentagesEnter percentagesEnter percentages %
Asset Turnover Enter Asset Turnover in timesEnter Asset Turnover in timesEnter Asset Turnover in times times
Return on Investment

Enter percentagesEnter percentagesEnter percentages %

Calculate Joyner’s margin, asset turnover, and return on investment assuming the company purchases the new brining station.

Current Margin Enter percentagesEnter percentagesEnter percentages %
Asset Turnover Enter Asset Turnover in timesEnter Asset Turnover in timesEnter Asset Turnover in times times
Return on Investment

Enter percentagesEnter percentagesEnter percentages %
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