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Answer part b. Part a is already correct. The Atlantic Division of Blossom Productions Company reported the following results for 2022 : Management is considering
Answer part b. Part a is already correct.
The Atlantic Division of Blossom Productions Company reported the following results for 2022 : Management is considering the following independent alternative courses of action in 2023 in order to maximize the return on investment 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. 3. Increase sales $500,000 with no change in the contribution margin percentage. Your answer is correct. Compute the return on investment for 2022. (Round answer to 1 decimal place, e.g. 52.5.) Compute the expected return on investment for each of the alternative courses of action. (Round answers to 1 decimal place, e.g. 52.7.)Step by Step Solution
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