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Swifty Corporation recorded operating data for its auto accessories division for the year. Sales $960000 Contribution margin 380000 Total direct fixed costs 90000 Average total
Swifty Corporation recorded operating data for its auto accessories division for the year.
Sales | $960000 |
Contribution margin | 380000 |
Total direct fixed costs | 90000 |
Average total operating assets | 500000 |
How much is ROI for the year if management is able to identify a way to improve the contribution margin by $40000, assuming fixed costs are held constant?
58%
9%
84%
66%
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