Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. calculate the controllable margin and the expected

Calculate the CONTROLLABLE MARGIN and the EXPECTED RETURN ON INVESTMENT for each proposed alternative (round...

80.2K

Verified Solution

Question

Accounting

Calculate the CONTROLLABLE MARGIN and the EXPECTED RETURN ON INVESTMENT for each proposed alternative (round expected return on investment to 2 decimal places, e.g. 1.25%).
image
Theservice division of Retro Industries reported the following results for 2022 Management is considering the following independent courses of action in 2023 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $140,000, with no change in controllable margin. 2. Increase sales by $95,850, with no change in the contribution margin percentage. (a) Youranwer is correct. Calculate the controllable margin and the return on investment for 2022. (Round ROI to 2 decimal places, es 1.25x)

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!
Become a Member

Other questions asked by students

Q

Describe the main procedures available for the micropropagation of plants, and discuss their application to potato...

Biology
Q

Identify the run-on sentence.The clouds gathered, and lightning streaked the sky; there was to be...

Biology
Q

Identify the source whose purpose is generally to entertain, and not necessarily to inform?Scholarly JournalGeneral...

Biology
Q

2 If linear mass density of a rod of length 3 m lying from y...

Physics
Q

An incompressible fluid of kinematic viscosity v p 10 4 m s flows steadily through...

Basic Math
Q

Add and subtract as indicated 1 37 45 26 24 3 51 55 37 45...

Calculus
Q

in computing the small business Safeharbor limitation for maintenance and improvements to buildings the percentage...

Accounting
Q

Determining cash from operations and reconciling with accrual net income (LO 4-5, LO 4-8) The...

Accounting
Q

Company ABC reacquired 15,000 shares of their treasury stock at $30 per share, ...

Accounting
Q

Classification of liabilities as current or non-current is not that important. The money is paid...

Accounting
Q

The company spent $300,000 on research and development to generate a new product line only...

Accounting
Q

The effective annual rate of interest as a percent is %. (Round the final answer...

Finance