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D Question 32 3 pts Green Bay Bike has budgeted an 11% Return on Investment (ROI) for their new green line of bikes. Given
D Question 32 3 pts Green Bay Bike has budgeted an 11% Return on Investment (ROI) for their new green line of bikes. Given the below, calculate the actual ROI, and whether the investment results in a favorable or unfavorable result. Sales $2,100,000 Variable costs 1.155.000 Contribution margin (45%) 945,000 Controllable fixed costs 315.000 Controllable margin (a) $630,000 Average operating assets (b) $6,000,000 O Actual ROI is less than budgeted ROI, resulting in a favorable return Actual ROI is less than budgeted ROI, resulting in an unfavorable return Actual ROI is greater than budgeted ROI, resulting in an unfavorable return O Actual ROI is greater than budgeted ROI, resulting in a favorable retur
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