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CANADA WEST 6. Niceville Company had sales of $500,000, variable costs of $150,000, and...

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Accounting

CANADA WEST
6. Niceville Company had sales of $500,000, variable costs of $150,000, and direct fixed costs totalling $220,000. The company's operating assets total $820,000 its required return is 15%.
The owner of the company asked you what is the company performance based ompany's return on investment and residual income? (show your calculation) arks)(4 marks)
owner asked you to identify and recommend 2 valid suggestions for improving return on ivestment (4 marks)
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