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All Parts please and Thank You Problem 11-24 (Algo) Return on Investment (ROI) Analysis [LO11-1] The contribution format income statement for Huerra Company for last

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Problem 11-24 (Algo) Return on Investment (ROI) Analysis [LO11-1] The contribution format income statement for Huerra Company for last year is given below: The company had average operating assets of $493,000 during the year. Required: 1. Compute the company's margin, turnover, and return on Investment (ROI) for the period. For each of the following questions, Indicate whether the margin and turnover will Increase, decrease, or remaln unchanged as a result of the events described, and then compute the new ROl figure. Consider each question separately, starting in each case from the data used to compute the original ROl In (1) above. 2. Using Lean Production, the company is able to reduce the average level of Inventory by $98,000. 3. The company achleves a cost savings of $7,000 per year by using less costly materlals. 4. The company purchases machinery and equilpment that increases average operating assets by $122,000. Sales remaln unchanged. The new, more efficlent equipment reduces production costs by $7,000 per year. 5. As a result of a more Intense effort by sales people, sales are increased by 25%; operating assets remain unchanged. 6. At the beginning of the year, obsolete Inventory carrled on the books at a cost of $15,000 is scrapped and written off as a loss, thereby lowering net operating income. 7. At the beginning of the year, the company uses $178,000 of cash (recelved on accounts recelvable) to repurchase some of its common stock

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