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11.7 Required information The following information applies to the questions displayed below.j CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent
11.7
Required information The following information applies to the questions displayed below.j CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $ 4,700,000 $ 188,000 $940,000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,950,000 increase in sales, requiring a $390,000 increase in average operating assets, with a resulting $393,875 increase in net operating income. What would be the company's ROl in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 1230 Return on investment (ROStep by Step Solution
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