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Need assistance. Discuss your suggested strategy(ies) for improving ROI and the steps that the company wouldhaveto implement to obtain the desired result(s). Calculation are below

Need assistance.

Discuss your suggested strategy(ies) for improving ROI and the steps that the company wouldhaveto implement to obtain the desired result(s). Calculation are below

Polyester Division Rope Divisions Nylon Division
Revenue $ 10,600,000.00 $ 6,725,000.00 $ 8,650,000.00
Less variable expenses
Costs of goods sold 5543000 2368000 4414000
Selling & administrative 1334000 649000 890000
Contribution margin $ 3,723,000.00 $ 3,708,000.00 $ 3,346,000.00
Less traceable fixed expenses
Costs of goods sold 1685000 1382000 2208000
Selling & administrative 236000 174000 273000
Segment margin $ 1,802,000.00 $ 2,152,000.00 $ 865,000.00
Average Assets $ 8,153,000.00 $ 8,406,250.00 $ 2,703,000.00
Margin Asset Turnover ROI
Segment/ Sales Sales/Average Assets Margin * Asset Turnover
Polyester 17.0% 1.30 22.10%
Rope 32.0% 0.8 25.60%
Nylon 10.0% 3.20 32.00%

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