Ivanhoe Corp. reported the following: Beginning of year operating assets End of year operating assets Contribution margin Sales Controllable fixed costs Its required return is 11%. ROI $3,224,000 % 3,024,000 1,024,000 5,024,000 Compute the company's ROI. (Round answer to 1 decimal place, e.g. 52.7%.) 617,880

Ivanhoe Corp. reported the following: Beginning of year operating assets End of year operating assets Contribution margin $3,224,000 3,024,000 1,024,000 Sales 5,024,000 Controllable fixed costs 617,880 Its required return is 11%. Compute the company's ROI. (Round answer to 1 decimal place, e.g. 52.7%.) ROI %