Solution With proper explanation And Do not Give solution in image formet Current Attempt in ProgressThe Atlantic Division of Crane Productions Company reported the following results for 2022:SalesVariable costsControllable fixed costsAverage operating assetsManagement is considering the following independent alternative courses of action in 2023 in order to maximize the return oninvestment for the division.1. Reduce controllable fixed costs by 10% with no change in sales or variable costs.2.Reduce average operating assets by 10% with no change in controllable margin.Increase sales $500,000 with no change in the contribution margin percentage.3.(a)$4,011,0003,212,811311,0002,511,000Compute the return on investment for 2022. (Round answer to 1 decimal place, e.g. 52.5.)Return on InvestmenteTextbook and MediaSave for Later4%Attempts: 0 of 3 usedSubmit Answer

Introduction:- Ratio analysis used identify the business performance of the company. It is used to…

Answered: (a) Compute the return on investment…

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(a) Compute the return on investment for 2022. (Round answer to 1 decimal place, e.g. 52.5.) Return on Investment

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 40P

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