Question
BusServ.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales$14,040,000Net operating income$1,193,400Average operating assets$5,200,000 2. The entrepreneur who
BusServ.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
Sales$14,040,000Net operating income$1,193,400Average operating assets$5,200,000
2. The entrepreneur who founded the company is convinced that sales will increase next year by 160% and that net operating income will increase by 420%, with no increase in average operating assets. What would be the companys ROI?
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
