Business, 05.05.2020 22:22, jose477

COMPUTATION OF RETURN ON INVESTMENT (ROI) For the year ended December 31, 2017, Reese Company reports the following: Sales $6,000,000 Variable costs 3,200,000 Controllable fixed costs 2,000,000 Average operating assets 5,000,000 Instructions: Compute ROI for each of the following situations. Show all computations. 1. For the year ended December 31, 2017. 2. For 2018 assuming the following independent courses of action: (a) Sales will increase 10% with no change in the contribution margin ratio. (b) Variable costs and controllable fixed costs will both be reduced 10%. (c) Average operating assets will be reduced 20%.

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COMPUTATION OF RETURN ON INVESTMENT (ROI) For the year ended December 31, 2017, Reese Company report...