Using the following data, estimate the new Return on Investment if there is a 6% increase in sales - with average operating assets as the base. Sales $2,640,795 Contribution margin 38% Controllable...


Using the following data, estimate the new Return on Investment if there is a 6% increase in sales - with average operating assets as the base.

























Sales$2,640,795
Contribution margin38%
Controllable fixed costs248,297
Average operating assets$4,486,486

Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.



Jun 09, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here