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Question 10 1 pts Using the following data, estimate the new Return on Investment if there is a 11% increase in sales - with
Question 10 1 pts Using the following data, estimate the new Return on Investment if there is a 11% increase in sales - with average operating assets as the base. Sales $3,133,732 Contribution 30% margin Controllable 249,734 fixed costs Average operating assets $5,780,350 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
