Answered step by step
Verified Expert Solution
Question
1 Approved Answer
blue empty spaces that is the entire question on both pictures. Required 1 Required 2 Complete the following table showing the relation between sales and
blue empty spaces
that is the entire question on both pictures.
Required 1 Required 2 Complete the following table showing the relation between sales and return on investment (ROI). (Round your percentage answers to 2 decimal places.) Net Average ROI Sales Operating Operating Income Assets % 4,700,000 $ 270,000 $830,000 32.54 4,800,000 $ 830,000 $ 4,900,000 $ 830,000 $ 5,000,000 $ 830,000 5,100,000 $ 830,000 5,200,000 $ 830,000 Posters.com is a small Internet retailer of high-quality posters. The company has $830,000 in operating assets and fixed expenses of $153,000 per year. With this level of operating assets and fixed expenses, the company can support sales of up to $5,200,000 per year. The company's contribution margin ratio is 9%, which means that an additional dollar of sales results in additional contribution margin, and net operating income, of 9 cents. Required: 1. Complete the following table showing the relation between sales and return on investment (ROI). 2. What happens to the company's return on investment (ROI) as sales increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following table showing the relation between sales and return on investment (ROI). (Round your percentage answers to 2 decimal places.) Net Average Sales Operating Operating ROI Income Assets % 4,700,000 $ 270,000 $ 830,000 32.54 $ 4,800,000 $ 830,000 $ 4.900.000 $ 830,000 $ 5.000.000 $ 830,000 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started