Question: Crane Company had the following operating data for the current year: sales $470000; contribution margin $117000, total fixed costs (controllale) $50000, and average total operating

Crane Company had the following operating data for the current year: sales $470000; contribution margin $117000, total fixed costs (controllale) $50000, and average total operating assets, $240000. If a management is able to improve its contribution margin by $17000 and hold its fixed costs constant, what would Crane;s ROI be for the yera

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