Sheridan Company recorded operating data for its shoe division for the year as follows:SalesContribution marginTotal fixed costsAverage total operatingassetsO 21%O 23%O 24%O 11%Save for Later$800000What is the ROI for the year if management is able to identify a way to improve the contribution margin by $50000, assuming fixedcosts are held constant?O E12900085400(3900001992.CAttempts: 0 of 1 used Submit Ane55 Sunland Division's operating results include: controllable margin of $280000, sales totaling $1400000, and average operating assetsof $800000. Sunland is considering a project with sales of $100000, expenses of $84000, and an investment of average operatingassets of $200000. Sunland's required rate of return is 10%. Should Sunland accept this project?O Yes, ROI will drop by 6.6% which is still above the minimum required rate of return.O Yes, ROI still exceeds the cost of capital.O No, the return is less than the required rate of 10%.O No, ROI will decrease to 8%.Save for LaterOi202Attempts: 0 of 1 used Submit Answer

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Sheridan Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Total fixed costs Average total operating assets $800000 O 21% O 23% O 24% O 11% 129000 85400 390000 What is the ROI for the year if management is able to identify a way to improve the contribution margin by $50000, assuming fixed costs are held constant?

Sheridan Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Total fixed costs Average total operating assets $800000 O 21% O 23% O 24% O 11% 129000 85400 390000 What is the ROI for the year if management is able to identify a way to improve the contribution margin by $50000, assuming fixed costs are held constant?

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter15: Decision Analysis

Section: Chapter Questions

Problem 10P: Hemmingway, Inc. is considering a $5 million research and development (R&D) project. Profit...

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