Using the following data, estimate the new Return on Investment if there is a 1 0 %

Fantastic news! We've Found the answer you've been seeking!

Question:

Using the following data, estimate the new Return on Investment if there is a

10 %

decrease in variable and fixed costs

-

with average operating assets as the base.

Sales $

2, 113, 491

Contribution margin

47 %

Controllable fixed costs

346, 636

Average operating assets $

5, 984, 235

Round to two decimal places. Be sure to enter the answer as a percentage but do not include the

%

sign.

Posted Date: May 18, 2024 01:05 PM

See More Questions

Mark Hurd has just assumed the top job at H-P. He has asked you as a staff VP to draw up a course of action to get the ailing PC division up to competitive parity with Dell. If you need to make some...
In problem 2, suppose that Mr. Silber sold SF4,600, his principal investment amount, forward at the forward exchange rate of SF1.62 per dollar. How would this affect the dollar rate of return on this...
Argon gas enters a turbine at 1000 psia and 1000 R with a velocity of 300 ft/s and leaves at 150 psia and 500 R with a velocity of 450 ft/s at a rate of 12 lbm/s. Heat is being lost to the...
Abbott Laboratories is a diversified health care company devoted to the discovery, development, manufacture, and marketing of innovative products that improve diagnostic, therapeutic, and nutritional...
The management of Reiko Co. is reevaluating the appropriateness of using its present inventory cost flow method, which is average-cost. They request your help in determining the results of operations...
6-8 Calculate Accrual Adjusted Net Farm Income using the appropriate data below. Gain Due to Changes in General Base Values of Breeding Livestock: $5,000 Income Tax Expense: $5,400 Loss on the Sale...
Find the outage probability of QPSK modulation at Ps = 10^-4 for a Rayleigh fading channel with SC diversity for M = 1 (no diversity), M = 2, and M = 3. Assume branch SNRs y_1 = 10 dB, y_2 = 15 dB,...
Create a Working with Hive Database -- list available databases show databases; -- create a database for the twitter related analysis create database twitter; -- change to the twitter database use...
A person coughs when a foreign object is in the windpipe. The velocity of the cough depends on the size of the object. Suppose a person has a windpipe with a 22-mm radius. If a foreign object has a...
Describe a non-profit program. Analyze and present the key challenges facing the program. These challenges might be quite diverse in nature: fiscal, management, inter-organizational, legislative,...
5. The Brinell hardness number of a Grade 1 through-hardened steel gear is approximately 225. What's the approximate allowable bending stress for this material according to the AGMA standards? A. 60...
Why are estimates compared to actual cost or standard cost?Explain
Complete a financial health analysis on Walmart Company. Discuss the companys financial health through a discussion of the ratio calculations. The ratios should be the basis for your evaluation of...
(a) Given a mean free path = 0.4 nm and a mean speed vav = 1.17 105 m/s for the current flow in copper at a temperature of 300 K, calculate the classical value for the resistivity of copper. (b)...
This problem can be solved analytically or with a spreadsheet. Two identical large glass bulbs are filled with gases and connected by a capillary tube that is $\delta=0.0090$ $\mathrm{m}$ long....
Estimate $\mathrm{Sc}_{\mathrm{V}}$ for a saturated vapor mixture that is $80 \mathrm{~mol} \%$ ethanol and $20 \mathrm{~mol} \%$ water at $1.0 \mathrm{~atm}$.
PhotoMax, Inc., plans to prepare a sales budget schedule and a purchases budget schedule for 20X3. Management has set a sales goal of 250,000 units. After reviewing price trends, the sales manager...

Using the following data, estimate the new Return on Investment if there is a 1 0 %

Question:

Expert Answer:

Students also viewed these accounting questions