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4.16 poi nts eBook Refe Check my work Posters.com is e small Internet retailer of high-quality posters. The company hes $770,000 in operating assets
4.16 poi nts eBook Refe Check my work Posters.com is e small Internet retailer of high-quality posters. The company hes $770,000 in operating assets and fixed expenses of $167,000 per year. With this level of operating assets and fixed expenses, the company can support sales of up to $5,400,000 per year. The company's contribution margin ratio 12%, which means thet an additional dollar of sales results in additional contribution margin, end net operating income, of 12 cents. Required: 1. Complete the following table showing the relation between sales and return on investment (ROIL 2. Whet happens to the company's return on investment (ROI) as sales increase? Complete this question by entering your answers in the tabs below. Required I Required 2 Complete the following table showing the relation between sales and return on investment (ROD. (Round your percentage answers to 2 decimal places.) Operating s 421,000 Operating s s s s s s 770,000 770,000 770,000 770,000 770,000 770,000 Required 1 Required 2
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