Question: A. 3.9% B. 24.0% C. 14.5% D. 18.5% Robichau Incorporated reported the following results from fast year's operations 16 0.33 Sales $6,300,000 Variable expenses 4,930,000
Robichau Incorporated reported the following results from fast year's operations 16 0.33 Sales $6,300,000 Variable expenses 4,930,000 Contribution margin 1.370,000 Fixed expenses 103,000 Net operating income $ 567,000 Average operating assets 3,000,000 At the beginning of this yew the company has a $900,000 investment opportunity with the following characteristics Sales Contribution margin ratio Fixed expenses $ 1.530,000 of 30 sales $306,000 The company's minimum required rate of return is 20% If the company pursues the investment opportunity and otherwise performs the same as lost year, the combined ROI for the entire company will be dosent to We Choice 39
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