CCT1116- Introductory Managerial Accounting (2021/2022 Spring Term (1213)) (002) Time left 0:52:32 Quiz navigation Question 26 CinRich Corporation recorded operating data for its Waterhole division for the year, Cinlich requires a 9.00% rate of return Sales $500000 Marked out of 1.00 Total average assets Controllable margin 90000 300000 Fixed costs Residual income 30000 First 50000 Previous page Suppose CinRich experiences an increase of $50000 in controllable fixed costs. Will the new ROI be acceptable? O Yes The ROI will remain at 30% which exceeds the required RO OB Yes. The new RC is still above the required ROL Oe No. The ROI drops to less than 9.00% Od There is not enough information to determine the new BOL Finish