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Long questions I never get them right from chegg.

Help Save & Exit Submit 10 Check my work The contribution format income statement for Huerra Company for last year is given below: Sales $1,008,000 50.40 604,800 30.24 403,200 20.16 321,200 16.06 4.10 1.64 Contribution margin Fixed expenses 82,000 32,800 Income taxes @ 40% $ 49,200 2.46 The company had average operating assets of $502,000 during the year. Required 1. Compute the company's return on investment (ROID for the period using the ROI formula stated in terms of margin and turnover. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. 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 company is able to reduce the average level of inventory by $107,000. (The released funds are used to pay off short-term creditors.) 3. The company achieves a cost savings of $5,000 per year by using less costly materials. 4. The company issues bonds and uses the proceeds to purchase machinery and equipment that increases average operating assets by $122,000. Interest on the bonds is $13,000 per year. Sales remain unchanged. The new, more efficient equipment reduces production costs by $6,000 per year. 5. As a result of a more intense effort by sales people, sales are increased by 10%+,perating assets remain unchanged. 6. At the beginning of the year, obsolete inventory carried on the books at a cost of $18,000 is scrapped and written off as a loss. K Prev 20 of 20Next> 0 mg? @Ars w apg