Question: Industrial has asked you to help its managers estimate the ROI for the year just ended. You gather the following data: average assets invested, $3,600,000, revenues, $13,200,000 and expenses $12,300,000
[A] Compute return on investments
[B] Compute profit margin
[C] Compute asset turnover
[D] Using parts (B) & (C) prove your answer to part (A).