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Michaelson Company Recorded Operating Data for Its Auto Accessories Division

Question 44

Multiple Choice

Michaelson Company recorded operating data for its auto accessories division for the year. Michaelson Company recorded operating data for its auto accessories division for the year. How much is ROI for the year if management is able to identify a way to improve the contribution margin by $15,000, assuming fixed costs are held constant? A) 45.0% B) 22.5% C) 15.0% D) 12.0% How much is ROI for the year if management is able to identify a way to improve the contribution margin by $15,000, assuming fixed costs are held constant?


A) 45.0%
B) 22.5%
C) 15.0%
D) 12.0%

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