Question: --/15 Question 9 View Policies Current Attempt in Progress An investment centre generated a contribution margin of $199300, controllable fixed costs of $101000 and sales

 --/15 Question 9 View Policies Current Attempt in Progress An investment

--/15 Question 9 View Policies Current Attempt in Progress An investment centre generated a contribution margin of $199300, controllable fixed costs of $101000 and sales of $996000. The centre's average operating assets were $393200. How much is the return on investment? O 25% 177% O 51% O 76% Attempts: 0 of 2 used Submit Answer Save for Later

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!