Question: Help me to solve this please q21 Division Q's current turnover is 2.5 and its return on sales ratio is 1.5. The division is considering
Help me to solve this please q21

Division Q's current turnover is 2.5 and its return on sales ratio is 1.5. The division is considering a sales promotion that would increase its current return on sales ratio by 12%, but decrease its turnover by 12%. Requirements ) If the division undertakes this promotion, by what percentage would the return on investment increase or decrease? (b) If the division undertakes this promotion, by what percentage will the return on sales ratio need to increase in order for the return on investment to increase by 10%? Requirement (a) If the division undertakes this promotion, by what percentage would the return on investment increase or decrease? Begin by selecting the labels for the return on investment formula and calculate the return on investment if the promotion is undertaken. (Enter all amounts to two decimal places, XXX and round the return on investment to three decimal places, XXXX.) Return on investment
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