Question: Question 11 1 pts Using the following data, estimate the new Return on Investment if there is a 5% decrease in variable and fixed

Question 11 1 pts Using the following data, estimate the new Return

Question 11 1 pts Using the following data, estimate the new Return on Investment if there is a 5% decrease in variable and fixed costs- with average operating assets as the base. Sales $2,710,268 Contribution 37% margin Controllable 248,748 fixed costs Average operating $4,114,308 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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