Question 5 of 5 -/3 Vw Policies Current Attempt in Progress The South Division of Crane Company reported the following data for the current year Sales Variable costs Controllable feed costs Average operating assets $2.950,000 1.917.500 605,000 5.000.000 Top management is unhappy with the investment center's return on investment CRO as the manager of the South Division to submit plans to improve in the next year. The manager believes it a feasible to consider the following independent course of action Increase sales by $100.000 with no change in the contribution margin percentage Reduce variable costs by $150,000 Reduce average operating assets by 4.00% 2 3 (a) Compute the return on investment (Role for the current year. Round Rof to 2 decimal places 1.57) Return on investment th Using the ROI formula compute the Rounder each of the proposed courses of action (Round ROI to 2 decimal places 1.57%) Return on investment Action 1 Action 2 Action 3 x O