A company has an Investment opportunity with the following Information:$ 420,000SalesContribution margin ratioFixed expensesAverage operating assets70% of sales$ 252,000$ 350,000The company's minimum requlred rate of return Is 10%.What Is the ROI related to this Investment opportunity?ROI

This question deals with calculation of return on investment (ROI). ROI is a indicator of how much…

A company has an Investment opportunity with the following Information: Sales $ 420,000 Contribution margin ratio Fixed expenses 70 % of sales $ 252,000 $ 350,000 Average operating assets The company's minimum required rate of return Is 10%. What Is the ROI related to this Iinvestment opportunity? ROI %

A company has an Investment opportunity with the following Information: Sales $ 420,000 Contribution margin ratio Fixed expenses 70 % of sales $ 252,000 $ 350,000 Average operating assets The company's minimum required rate of return Is 10%. What Is the ROI related to this Iinvestment opportunity? ROI %

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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