Question: please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image)

please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)

please answer within the format by providing
Using the following data, estimate the new Return on Investment if there is a 7% increase in sales - with average operating assets as the base. Sales $2,364,773 Contribution margin 50% Controllable 323,984 xed costs Average operating $4,290,348 assets Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign

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