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Vaughn Manufacturing recorded operating data for its auto accessories division for the year. Sales $810000 Contribution margin 280000 Total direct fixed costs 90000 Average total operating assets 250000
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Nov 25, 2022
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Vaughn Manufacturing recorded operating data for its auto accessories division for the year. Sales $810000 Contribution margin 280000 Total direct fixed costs 90000 Average total operating assets 250000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $40000, assuming fixed costs are held constant?a. 12%.b. 25%.c. 45%.d. 18%.
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Ivan Bolnikh
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Answer:
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