Marigold Corp. recorded operating data for its Sandtrap division for the year as follows. Sales Controllable margin Total average assets Fixed costs Marigold requires its return to be 9%. How much is ROI for the year? O 20% O 30% $1100000 180000 600000 60000 10% O 17%

Marigold Corp. recorded operating data for its Sandtrap division for the year as follows. Sales Controllable margin Total average assets Fixed costs Marigold requires its return to be 9%. How much is ROI for the year? O 20% O 30% $1100000 180000 600000 60000 10% O 17%

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 47E: Klamath Company produces a single product. The projected income statement for the coming year is as...

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Question

H1.

Marigold Corp. recorded operating data for its Sandtrap division for the year as follows.
Sales
Controllable margin
Total average assets
Fixed costs
$1100000
180000
20%
30%
10%
17%
600000
60000
Marigold requires its return to be 9%. How much is ROI for the year?

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