HRC Portal JKO LCMS Question 14 View Policies Current Attempt in Progress The South Division of Wig Company reported the following data for the current year Sales Variable costs Controllable foxed costs $3,100,000 2,046,000 590,000 5,000,000 Average operating assets Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve on the next year. The manager believe 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 variable costs by $155.000. 3. Reduce average operating assets by 4%. . 157) (a) Compute the return on investment (ROI) for the current year, (Round ROI to 2 decimal places Return on Investment 2 do al places 157 ( Using the ROI formula compute the ROI under each of the proposed courses of action Round Return on investment Action 1 Action 2 Action 3