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Return on Investment, Margin, lurnover maintain its market share. The operating results for the past 3 years are as follows: simultaneous reductions in operating expenses

image text in transcribedimage text in transcribed Return on Investment, Margin, lurnover maintain its market share. The operating results for the past 3 years are as follows: simultaneous reductions in operating expenses and selling prices. Lower selling prices will allow Ready to expand its market share. (Note: Round all numbers to two decimal places.) Required: 1. Compute the ROI, margin, and turnover for Years 1, 2 , and 3. Why did the ROI increase over the Year 3 level? The ROI because expenses decreased and assets turned over at a higher rate (sales increased) Why did the ROI exceed the Year 3 level? The ROI increased because assets decreased 4. Conceptual Connection: Assume that all expectations for Year 4 were realized. Compute the expected ROI, margin, and turnover. Why did the ROI increase over the Year 3 level? The ROI increased because expenses decreased and assets turned over at a higher rate

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