The service division of Bramble Industries reported the following results for 2022 . Management is...

90.2K

Verified Solution

Question

Accounting

image The service division of Bramble 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 $160,000, with no change in controllable margin. 2. Increase sales $128,000, with no change in the contribution margin percentage. (a) Your answer has been saved. See score details after the due date. Compute the controllable margin and the return on investment for 2022. Attempts: 1 of 1 used (b) Compute the controllable margin and the expected return on investment for 2023 for each proposed alternative. (Round ROI to 1 decimal place, e.g. 1.5\%.)

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students