EXERCISE CostVolumeProfit Analysis and Return on Investment ROILOI
Posters.com is a small Internet retailer of highquality posters. The company has $ in operating assets and fixed expenses of $ per year. With this level of operating assets and fixed expenses, the company can support sales of up to $ per year. The company's contribution margin ratio is which means that an additional dollar of sales results in additional contribution margin, and net operating income, of cents.
Required:
Complete the following table showing the relation between sales and return on investment ROI
tableSalestableNet OperatingIncometableAverageOperating AssetsROI$$$