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The Candle Division of Dax Wax Company reported the following results for 2009: Management is considering the following independent alternative courses of action in 2010

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The Candle Division of Dax Wax Company reported the following results for 2009: Management is considering the following independent alternative courses of action in 2010 in order to maximize the return on investment for the division. Reduce controllable fixed costs by 50% with no change in sales or variable costs Reduce average operating assets by 30% with no change in controllable margin Increase sales $200,000 with no change in the contribution margin percentage Compute the return on investment for 2009. Compute the expected return on investment for each of the alternative courses of action

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