Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer B Current Attempt in Progress The service divisione Industries reported the following results for 2020 Sales $514000 308.400 Variable costs Controllable fixed costs Average

answer B
image text in transcribed
image text in transcribed
image text in transcribed
Current Attempt in Progress The service divisione Industries reported the following results for 2020 Sales $514000 308.400 Variable costs Controllable fixed costs Average operating assets 90.200 577.000 Management is considering the following independent courses of action in 2021 in order to maximize the return on investment for this division 1 Reduce average operating assets by $115,400, with no change in controllable margin Increase sales 592,320, with no change in the contribution margin percentage 2 (a) a Your answer is correct la) Your answer is correct. Compute the controllable margin and the return on investment for 2020 Controllable in $ 115400 20 Return on investment for 2020 e Textbook and Media Attempts: 1 of 3 used (b) Compute the controllable margin and the expected return on investment for 2021 for each proposed alternative Round Rol to 1 decimal place, es 1.5%) Alternative 2 Alternative 1 Textbook and Media Antematto (b) Compute the controllable margin and the expected to investment fu2021 orehouden ondore decimal places 1.5 Alternative The controllable margin The expected return on investment e Textbook and Media Attempted to MacBook Air

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Evaluate employees readiness for training. page 275

Answered: 1 week ago