The service division of Raney Industries reported the following results for 2017. $580,400 Sales Variable costs 348,240 Controllable fixed costs 76,600 674,300 Average operating assets Management is considering the following independent courses of action in 2018 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $125,900, with no change in controllable margin 2. Increase sales $109,800, with no change in the contribution margin percentage. *(a) Your answer is correct. Compute the controllable margin and the return on investment for 2017. (Round ROI to 1 decimal place, e. g. 1.5.) Controllable margin 5556 Return on investment for 2017 *(b) Compute the controllable margin and the expected return on investment for each proposed alternative (Round ROI to 1 decimal place, e. g. 1.5.) Alternative Alternative The controllable margin The expected return on investment Attempts: 0 of 15 used

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership