3 value 2.00 points Posters.com is a small Internet retailer of high-quality posters. The company has $730,000 in operating assets and fixed expenses of $167,000 per year. With this level of operating assets and fixed company can support sales of up to $5,100,000 per year The company's contribution margin ratio is 5% which means that an additional dollar of sales results in additional contribution margin, and net income, of 9 cents Required: mpl lete the following table showing the relation between sales and returm on investment (ROI) (Round your percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Sales Net Operating Operating ROI Assets 4,600,000 2 4700 000 4800,000 900,000 5,000,000 5.100,000 $ 247,000$730,000 S730,000 $ 730,000 S 730,000 S 730,000 S 730,000 2. What happens to the company's return on investment (ROI) as sales increase? Increases Decreases
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
