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Required information Exercise 13-33 Improving ROI (LO 13-2, 13-3) [The following information applies to the questions displayed below.] The following data pertain to British Isles
Required information Exercise 13-33 Improving ROI (LO 13-2, 13-3) [The following information applies to the questions displayed below.] The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. denotes the British pound sterling, the national monetary unit of Great Britain. 3-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 20 percent, comput the firm's new sales margin. 3-b. Show how the new sales margin and the old capital turnover together result in a new ROI of 20 percent. Complete this question by entering your answers in the tabs below. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 20 percent, compute the firm's new sales margin. (Round your answers to 2 decimal places (i.e., 1234 should be entered as 12.34).) Show how the new sales margin and the old capital turnover together result in a new ROI of 20 percent. (Enter "new sales margin" as a percentage rounded to 2 decimal places (i.e., .1234 should be entered as 12.34) and "old capital turnover" to two decimal places.) Required information Exercise 13-33 Improving ROI (LO 13-2, 13-3) [The following information applies to the questions displayed below.] The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. denotes the British pound sterling, the national monetary unit of Great Britain. 3-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 20 percent, comput the firm's new sales margin. 3-b. Show how the new sales margin and the old capital turnover together result in a new ROI of 20 percent. Complete this question by entering your answers in the tabs below. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 20 percent, compute the firm's new sales margin. (Round your answers to 2 decimal places (i.e., 1234 should be entered as 12.34).) Show how the new sales margin and the old capital turnover together result in a new ROI of 20 percent. (Enter "new sales margin" as a percentage rounded to 2 decimal places (i.e., .1234 should be entered as 12.34) and "old capital turnover" to two decimal places.)
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