Question: Using the following data, estimate the new Return on Investment if there is a 1 0 % decrease in variable and fixed costs - with

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.

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