Current Attempt in Progress The South Division of Wig Company reported the following data for the current year. suatmit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $300,000 with no change in the contribution margin percentage. 2. Reduce yariabie costs by $155,000. 3. Reduce awerage operating assets by 3%. (a) Compute the return on livestment (ROI) for the current year, (Round ROf to 2 decimal places, eg, 1.57.) Peturn on Invetment % h) Using the ROI formula, compute the ROl under each of the proposed courses of action fRound AOI to 2 decimal places, eg. 1.577 )