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  • Mar 19, 2007, 08:51 AM
    babygirlxxl
    Profit margin
    Simon Company has $750,000 in invested capital. Sales totaled $600,000 in a year when profits were $96,000. Calculate Simon’s profit margin, turnover, and ROI.
  • Mar 21, 2007, 07:03 PM
    tdtaylor
    Quote:

    Originally Posted by babygirlxxl
    Simon Company has $750,000 in invested capital. Sales totaled $600,000 in a year when profits were $96,000. Calculate Simon’s profit margin, turnover, and ROI.

    96,000/600000=16.0%
    600000/750000=8
    16.0x8=128

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