Question
Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed costs 90,000 Average total operating assets
Naples, Inc. recorded operating data for its shoe division for theyear.
Sales$750,000
Contribution margin135,000
Total fixed costs90,000
Average total operating assets300,000
How much is ROI for the year if management is able to identify a way to improve the contribution margin by $30,000, assuming fixed costs are held constant?
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Custom Edition For University Of Central Florida From Managerial Accounting
Authors: Karen Wilken Braun, Wendy Tietz
3rd Edition
1269451839, 978-1269451833
