Using the following data, estimate the new Return on Investment if there is a 8 decrease in variable and fixed costs with average operating assets as the base Sales $2,664,681 Contribution margin 37 Controllable fixed costs 234,696 Average operating assets $5,068,809 Round to two decimal places Be sure to enter the answer as a percentage but do not include the sign

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Question: Using the following data, estimate the new Return on Investment if there is a 8% decrease in variable and fixed costs- with average operating assets

Using the following data, estimate the new Return on Investment if there is a 8% decrease in variable and fixed costs- with average operating assets as the base.

Sales	$2,664,681
Contribution margin	37%
Controllable fixed costs	234,696
Average operating assets	$5,068,809

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

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