Problem 1. Creighton Company's balance sheet and income statement are provided below:

1) Compute the margin, turnover, and return on investment for Creighton Company.

2) What is the advantage of expanding the ROI formula to measure margin and turnover separately?

1) Calculate the present value index for Project X and for Project Y.

2) Indicate whether each of the projects is an acceptable investment.

3) Which of the two projects should Delta implement?