Question 9 The South Division of Wiig Company reported the following data for the current year Sales Variable costs Controllable fioxed costs Average operating assets $2,950,000 1,947,000 605,000 5,000,000 Top management is unhappy with the investment centers return on investmen: (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the follawing independent courzes of action . Increaze sales by $300,000 with no change in the contribution margin percentage 2. Reduce variable costs by $155,000 Reduce average operating assets by 5%. (a) Compute the return on investment (ROI) for the current year. (Round R01 to 2 decimal places, eg. 1.57%.) Return on Investment (b) Using the ROI formula, compute the ROI under each of the proposed courses of action. (Round ROI to 2 decimal places, eg. 1.57%- Return on investment Action 1 Action 2 Action 3 Question A