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Moore Electric has sales of $3,800,000. Variable costs are $2,130,000 and controllable fixed costs are $782,000. The company's average operating assets are $5,000,000. If the
Moore Electric has sales of $3,800,000. Variable costs are $2,130,000 and controllable fixed costs are $782,000. The company's average operating assets are $5,000,000. If the company decreases their fixed and variable costs by 5%, what will their new ROI be?
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ANSWER To calculate the Return on Investment ROI after decreasing fixed and variable costs by 5 ...
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Managerial Accounting
Authors: Ray Garrison, Theresa Libby, Alan Webb
9th canadian edition
1259269477, 978-1259269479, 978-1259024900
