Question
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: The Chief Financial Officer of the company believes a
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
The Chief Financial Officer of the company believes a more realistic scenario would be a $3,000,000 increase in sales, requiring a $870,000 increase in average operating assets, with a resulting $454,650 increase in net operating income. What would be the companys ROI in this scenario? (Do not round intermediate calculations. Round your percentage answers to 2 decimal places (i.e., 0.1234 should be considered as 12.34%.))
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