Using the following data, estimate the new Return on Investment if there is a 7% decrease in variable and fixed costs- with average operating assets as the base.Sales$3,515,21547%Contribution marginControllable fixed costs261,072Average operating assets$5,751,514Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

When a company has invested some amount of capital into the business with an intention to earn…

Using the following data, estimate the new Return on Investment if there is a 7% decrease in variable and fixed costs- with average operating assets as the base. Sales Contribution margin Controllable fixed costs $3,515,215 47% 261,072 Average operating assets $5,751,514 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 7% decrease in variable and fixed costs- with average operating assets as the base. Sales Contribution margin Controllable fixed costs $3,515,215 47% 261,072 Average operating assets $5,751,514 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 23E

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