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Home Q & A Board Other Fields Homework Help Business Accounting
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wasala18 wasala18
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A year ago
Cleopatra Corporation's Lingerie division has a segment margin of $729,000 and net sales revenue of $5,400,000 for the current reporting period. Average total assets for the period were $3,375,000. The division manager is considering implementing a new inventory system which would reduce inventory by $675,000. Assuming no change in sales or segment margin, the projected ROI with the reduction in inventory would be

▸ 20%.

▸ 13.5%.

▸ 21.6%.

▸ 24%.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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tranle311tranle311
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A year ago
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wasala18 Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
shangshang
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Thanks for your help!!
Mcb
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2 hours ago
Thanks
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