Carver Company's balance sheet and income statement are provided below: Assets Cash Accounts receivable Inventory Plant and equipment, net of depreciation Land held for future plant expansion Total assets Liabilities and Stockholders' Equity Accounts payable Carver Company Balance Sheet December 31, Year 1 Notes payable Capital stock, no par Retained earnings Total liabilities and stockholders' equity For the Year Ended December 31, Year 1 Sales Less variable costs: Manufacturing Carver Company Income Statement Less fixed costs: Manufacturing Selling and administrative Contribution margin Selling and administrative Net income Margin Turnover Return on investment $ 420,000 % 86,000 57,000 $ 277,000 77,000 65,000 $ 135,000 $ 49,000 61,000 89,000 298,000 85,000 $ 582,000 Required: a. Compute the margin, turnover, and return on investment for Carver Company. Note: Round your answers to 1 decimal place for "margin and return on investment" 2 decimal places for "turnover". $ 54,000 67,000 258,000 203, 000 $ 582,000

Provide answer please

! Required information Problem 13-58 & 13-59 (Static) (LO 13-4, 5) [The following information applies to the questions displayed below.] The following information is available for Fairmount Industries from year 1 operations: Sales revenue (45,000 units) Manufacturing costs Materials Variable cash costs. Fixed cash costs Depreciation (fixed) Marketing and administrative costs Marketing (variable, cash) Marketing depreciation Administrative (fixed, cash) Administrative depreciation Total costs Operating profits (losses) All depreciation charges are fixed. Old manufacturing equipment with an annual depreciation charge of $22,000 will be fully depreciated by the end of year 1 and will not be replaced with new equipment because it is still operating to specification. Sales volume is expected to decrease by 2 percent. Sales price is expected to increase by 8 percent. On a per-unit basis, expectations are that materials costs will decrease by 5 percent and variable manufacturing cash costs…

Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses: Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses* Total fixed expenses Net operating income (loss) Total $ 930,000 472,000 458,000 69,000 43,300 116,000 186,000 414,300 $ 43,700 Dirt Bikes $ 265,000 115,000 150,000 8,200 20,300 40,700 53,000 122, 200 $ 27,800 Mountain Bikes $ 410,000 204,000 206,000 40,400 7,600 38,300 82,000 168,300 $ 37,700 Answer is not complete. Required: 1. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing bikes be discontinued? Racing Bikes $ 255,000 153,000 102,000 20,400 15,400 *Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing…