Using the following data, estimate the new Return on Investment if there is a 7% increase in sales - with average operating assets as the base. Sales $2,354,696 Contribution 44% margin Controllable fixed costs 339,947 Average operating assets $5,230,380 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter12: Corporate Valuation And Financial Planning
Section: Chapter Questions
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Using the following data, estimate the new Return on Investment if there is a 7%
increase in sales - with average operating assets as the base.
Sales
$2,354,696
Contribution
margin
44%
Controllable
339,947
fixed costs
Average
operating
$5,230,380
assets
Round to two decimal places. Be sure to enter the answer as a percentage but
do not include the % sign.
Transcribed Image Text:Using the following data, estimate the new Return on Investment if there is a 7% increase in sales - with average operating assets as the base. Sales $2,354,696 Contribution margin 44% Controllable 339,947 fixed costs Average operating $5,230,380 assets Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
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