SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
5th Edition
ISBN: 9781264010653
Author: Edmonds
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 15, Problem 13E

a.

To determine

Compute the change in return on investment (ROI), if the expenses are reduced by $28,000.

b.

To determine

Compute the amount of operating assets required to achieve the ROI of 18.75%, if the sales and expenses remain unchanged.

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