Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a.  Profit margin   % b.  Investment turnover     c.  Return on investment   %

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Chapter15: Financial Statement Analysis
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Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places.

a.  Profit margin   %
b.  Investment turnover    
c.  Return on investment   %
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