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Current Attempt in Progress Your answer is incorrect. The South Division of Wiig Company reported the following data for the current year. independent courses of
Current Attempt in Progress Your answer is incorrect. The South Division of Wiig Company reported the following data for the current year. independent courses of action. 1. Increase sales by $300,000 with no change in the contribution margin percentage. 2. Reduce variable costs by $150,000. 3. Reduce average operating assets by 4%. (a) Compute the return on investment (ROI) for the current year. (Round ROI to 2 decimal places, e.g. 1.57\%.) Return on Investment % (b) Using the ROI formula, compute the ROI under each of the proposed courses of action. (Round ROI to 2 decimal places, e.g. 1.57\%.)
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