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Banner Company had the following aperiting data for the current year: sales, $500,000; contribution margin $100,000; total fixed costs (controllable) $60,000; and average total operating

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Banner Company had the following aperiting data for the current year: sales, $500,000; contribution margin $100,000; total fixed costs (controllable) $60,000; and average total operating assets, $200,000. If management is able to improve its contribution margin by $20,000 and hold its fixed costs constant, what would Banner's ROI be for the year? 12% 20% 30% 50%

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