Question: Current Attempt in Progress Sheridan Company recorded operating data for its shoe division for the year. Sales Contribution margin Total fixed costs Average total operating

Current Attempt in Progress Sheridan Company recorded operating data for its

Current Attempt in Progress Sheridan Company recorded operating data for its shoe division for the year. Sales Contribution margin Total fixed costs Average total operating assets $670000 180000 90000 200000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $10000, assuming fixed costs are held constant? 45% 27% O 13% O 50%

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