Helton Corporation's balance sheet indicates that the company has $200,000 invested in operating assets. During 2014, Helton earned an operating income of $53,000 on $360,000 of sales. a. Compute Helton's profit margin for 2014. b. Compute Helton's turnover for 2014. c. Compute Helton's return on investment for 2014.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter16: Working Capital Policy And Short-term Financing
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Helton Corporation's balance sheet indicates that the company
has $200,000 invested in operating assets. During 2014, Helton
earned an operating income of $53,000 on $360,000 of sales.
a. Compute Helton's profit margin for 2014.
b. Compute Helton's turnover for 2014.
c. Compute Helton's return on investment for 2014.
Transcribed Image Text:Helton Corporation's balance sheet indicates that the company has $200,000 invested in operating assets. During 2014, Helton earned an operating income of $53,000 on $360,000 of sales. a. Compute Helton's profit margin for 2014. b. Compute Helton's turnover for 2014. c. Compute Helton's return on investment for 2014.
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