Using the following data, estimate the new Return on Investment if there is a 13% decrease in the average operating assets - with the new average operating assets as the base. Sales $3,516,519 Contribution margin 39% Controllable fixed costs 300,215 Average operating assets $4,964,961 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

Using the following data, estimate the new Return on Investment if there is a 13% decrease in the average operating assets - with the new average operating assets as the base. Sales $3,516,519 Contribution margin 39% Controllable fixed costs 300,215 Average operating assets $4,964,961 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing

Section: Chapter Questions

Problem 21E: If sales and average operating assets for Year 2 are identical to their values in Year 1, yet...

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