The South Division of Wilg Company reported the following data for the curent year. Variable costs Controllable fixed costs Average operating assets $3,016,000 1,978,496 601,000 5,020,800 Top management is unhappy with the investment center's return on i year. The manager believes it is feasible to consider the following independent courses of action. nt (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next 1. Increase sales by $321,000 with no change in the contribution Reduce variable costs by $156,900. 3. Reduce average operating assets by 3%. (a) Compute the return on investment (ROI) for the current year. (Round ROI to 1 decimal place, e.g. 1.5.) Return on Investment (b) Using the RO1 formula, compute the ROI under each of the proposed courses of action. (Round RoI to 1 decimal place, e.g. 1.s.) Action 3