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BusServ.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $10,920,000 Net operating income $819,000 Average operating assets
BusServ.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
Sales $10,920,000
Net operating income $819,000
Average operating assets $4,200,000
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 margin, turnover and ROI? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) |
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