Question: Question 11 Using the following data, estimate the new Return on Investment if there is a 7% decrease in variable and fixed costs- with

Question 11 Using the following data, estimate the new Return on Investment

Question 11 Using the following data, estimate the new Return on Investment if there is a 7% decrease in variable and fixed costs- with average operating assets as the base. Sales Contribution margin $3,137,441 36% Controllable 391,800 fixed costs Average operating assets $5,156,556 1 pts Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

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