Exercise $9-8$A $($Algo$)$ Return on investment LO $9-2$

Walton Company calculated its return on investment as $10$ percent. Sales are now $$480,000,$ and the amount of total operating assets is $$500,000.$

Required

a$.$ If expenses are reduced by $$49,500$ and sales remain unchanged, what return on investment will result?

Note: Round your percentage answer to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).$

b$.$ If both sales and expenses cannot be changed, what change in the anount of operating assets is required to achieve the same result?

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.

$\backslash$table$[[$a$.$ Return on investment,,$19\mathrm{.}90,\%$