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The Shrubbery division of Arbor Company had sales of $1,500,000, average operating assets of $600,000, contribution margin of $270,000, and controllable fixed costs of $180,000.
The Shrubbery division of Arbor Company had sales of $1,500,000, average operating assets of $600,000, contribution margin of $270,000, and controllable fixed costs of $180,000. If management has a plan to improve the contribution margin by $60,000 and if fixed costs do not change, what will be the Shrubbery division's return on investment?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
