Question: Dixie Company has the following data for 2011: Division A Division B Sales $400,000 $300,000 Contribution margin 160,000 125,000 Operating income 80,000 30,000 Average operating

Dixie Company has the following data for 2011:

Division A Division B
Sales $400,000 $300,000
Contribution margin 160,000 125,000
Operating income 80,000 30,000
Average operating assets 320,000 200,000
Cost of capital 15% 15%

Dixie Company has a target ROI of 20 percent.

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