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The service division of Retro Industries reported the following results for 2 0 2 2 . Management is considering the following independent courses of action
The service division of Retro Industries reported the following results for
Management is considering the following independent courses of action in in order to maximize the return on investment for
this division.
Reduce average operating assets by $ with no change in controllable margin.
Increase sales by $ with no change in the contribution margin percentage.
a
Your answer is incorrect.
Calculate the controllable margin and the return on investment for Round ROI to decimal places, eg
Controllable margin
Return on investmentThe service division of Retro Industries reported the following results for
Sales
$
Variable costs
Controllable fixed costs
Average operating assets
Management is considering the following independent courses of action in in order to maximize the return on investment for this division.
Reduce average operating assets by $ with no change in controllable margin.
Increase sales by $ with no change in the contribution margin percentage.
a
Calculate the controllable margin and the return on investment for Round ROl to decimal places, eg
Controllable margin $
Return on investment
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