Question: Marigold Corp. recorded operating data for its auto accessories division for the year. Sales $610000 Contribution margin 140000 Total direct fixed costs 90000 Average total
Marigold Corp. recorded operating data for its auto accessories division for the year. Sales $610000 Contribution margin 140000 Total direct fixed costs 90000 Average total operating 200000 assets 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? O 30% 15% O 25% 75%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
