Question: Question 27 14 points) Nike recorded operating data for its athletics division for the year. Sales $1,000,000 Contribution margin $200,000 Total direct fixed costs $120,000
Question 27 14 points) Nike recorded operating data for its athletics division for the year. Sales $1,000,000 Contribution margin $200,000 Total direct fixed costs $120,000 Noncontrollable fixed costs $30,000 Average total operating assets $350,000 If Nike is able to increase sales by $50,000, with no change to fixed costs or the contribution margin ratio, what will the company's ROI be? 25.7% 0 37.1% O 17.1% 71.4% nxo
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