Managerial Accounting, screenshots provided. All information for the question is provided as well.

The contribution format income statement for Huerra Company for last year is given below: Tole] Uni Sales 5 1.DDG.DOD I 50.3D Variable expenses 503.605 $.18 Conn-ibution margin 402.4103 20.12 Fixed expenses 322.40!) 16.12 Net operating income 30.003 4.03 Income taxes @ 410% 32.0i] 1.6!] Net income I 43.0i] I 2.4!] The company had average operating aseete of $508,0DD during the year. Required: 1. Compute the company's retum on investment {ROI} for the period using the ROI formula stated in terms of margin and tumourer. {Round your intermediate calculations and nal answer to 2 decimal placee.] For each of the following questions. indicate whether the margin and tumover will increase. decrease, or remain unchanged as a result of the events described. and then compute the new ROI gure. Consider each question separately, starting in each case from the data used to compute the original ROI in [1) above. 2. Using Lean Production. the oompanyul is able to reduce the average level of inventory by $95,000. [The released funds are used to pay off short-tenn creditors.) {Round your answers to 2 decimal places.) 3. The company achieves a cost savings at $14,000 per year by using less costly materials. {Round your answers to 2 decimal places.) 4. The company issues bends and uses the proceeds to purchase $125,003 in machinery and equipment at the beginning of the period. Interest on the bands is $11,DDD per year. Sales remain unchanged. The I'Iewr mere ecient equipment reduces production costs by $8,0DD per year. {Round your answers to 2 decimal places.] 5. Sales are increased by 20%; operating assets remain unchanged. [Round your answers to 2 decimal planet] 6. Obsolete inventory carried on the books at e cost of $1T,DDO is scrapped and written off as a loss. [Round your answers to 2 decimal places] T. The company uses $1?Q,D of cash [received on amounts receivable} to repurchase and retire some of its common stoek. {Round your answers to 2 decimal places.)