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CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 4,740,000 Net operating income $ 189,600 Average
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
Sales | $ 4,740,000 |
---|---|
Net operating income | $ 189,600 |
Average operating assets | $ 790,000 |
The following questions are to be considered independently.
Required:
1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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