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Brief Exercise 10-10 your answer is partially correct. Try again. For its three investment centers, Gerrard Company accumulates the following data: I II III Sales
Brief Exercise 10-10 your answer is partially correct. Try again. For its three investment centers, Gerrard Company accumulates the following data: I II III Sales Controllable margin Average operating assets $1,940,000 1,358,000 4,956,000 $3,938,000 1,969,000 7,957,000 $3,914,000 3,522,600 12,189,000 The centers expect the following changes in the next year: (I) increase sales 16%; (II) decrease costs $396,000; (III) decrease average operating assets $504,000. Compute the expected return on investment (ROI) for each center. Assume center I has a controllable margin percentage of 70%. (Round ROI to 1 decimal place, e.g. 1.5%.) II III The expected return on investment 31.8 19.8 30.1 % % % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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