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Sheridan Corporation's Lingerie division has a segment margin of $735922 and net sales revenue of $5407000 for the current reporting period. Average total assets for
Sheridan Corporation's Lingerie division has a segment margin of $735922 and net sales revenue of $5407000 for the current reporting period. Average total assets for the period were $3382000. The division manager is considering implementing a new inventory system which would reduce inventory by $682000. Assuming no change in sales or segment margin, the projected ROI with the reduction in inventory would be O 13.61%. 0 20.17%. O 21.76%. O 24.20%
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