Please do not give solution in image format thanku For its three investment centers, Pharoah Company accumulates the following data:SalesControllable marginAverage operating assets11$2,080,000 $3,956,000 $4,033,0001,974,5253,625,6387,975,00012,122,0001,455,4804,966,000The company expects the following changes for investment centers I, II, and III in the next year: investment center Il increase sales16%, investment center II decrease controllable fixed costs $410,000, and investment center III decrease average operating assets$464,000.The expected return oninvestmentCompute the expected return on investment (ROI) for each center. Assume investment center I has a contribution marginpercentage of 70%. (Round ROI to 1 decimal place, e.g. 1.5%)%11%|||

ROI means return on investment. It is the percentage return earned by the entity on the operating…

For its three investment centers, Pharoah Company accumulates the following data: Sales Controllable margin Average operating assets 11 111 $2,080,000 $3,956,000 $4,033,000 1,974,525 1,455,480 3,625,638 4,966,000 7,975,000 12,122,000 The company expects the following changes for investment centers I, II, and III in the next year: investment center I increase sales 16%, investment center II decrease controllable fixed costs $410,000, and investment center III decrease average operating assets $464,000. Compute the expected return on investment (ROI) for each center. Assume investment center I has a contribution margin percentage of 70%. (Round ROI to 1 decimal place, e.g. 1.5%) The expected return on investment 11 III

For its three investment centers, Pharoah Company accumulates the following data: Sales Controllable margin Average operating assets 11 111 $2,080,000 $3,956,000 $4,033,000 1,974,525 1,455,480 3,625,638 4,966,000 7,975,000 12,122,000 The company expects the following changes for investment centers I, II, and III in the next year: investment center I increase sales 16%, investment center II decrease controllable fixed costs $410,000, and investment center III decrease average operating assets $464,000. Compute the expected return on investment (ROI) for each center. Assume investment center I has a contribution margin percentage of 70%. (Round ROI to 1 decimal place, e.g. 1.5%) The expected return on investment 11 III

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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