Question
Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.) The entrepreneur who founded the company
Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The entrepreneur who founded the company is convinced that sales will increase next year by 50% and that net operating income will increase by 200%, with no increase in average operating assets. What would be the companys ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The Chief Financial Officer of the company believes a more realistic scenario would be a $1,600,000 increase in sales, requiring a $494,000 increase in average operating assets, with a resulting $335,750 increase in net operating income. What would be the companys ROI in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Required information [The following information applies to the questions displayed below.) 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 $ 5,220,000 $ 261,000 $ 870,000 The following questions are to be considered independentlyStep by Step Solution
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