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Please help with accounting homework due by 8:00 am. Thank you The service division of Raney Industries reported the following results for 2017. Sales Variable
Please help with accounting homework due by 8:00 am. Thank you
The service division of Raney Industries reported the following results for 2017. Sales Variable costs Controllable fixed costs Average operating assets $554,000 332,400 68,300 625,200 Management is considering the following independent courses of action in 2018 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $122,400, with no change in controllable margin. 2. Increase sales $105,700, with no change in the contribution margin percentage. Compute the controllable margin and the return on investment for 2017. (Round ROI to 1 decimal place, e.g. 1.5.) $ Controllable margin Return on investment for 2017 % LINK TO TEXT Compute the controllable margin and the expected return on investment for each proposed alternative. (Round ROI to 1 decimal place, e.g. 1.5.) Alternative 1 $ Alternative 2 $ The controllable margin The expected return on investment % %Step by Step Solution
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