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Exercise 11-16 (Algo) Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1] [The following information applies to the questions displayed below.] CommercialServices.com
Exercise 11-16 (Algo) Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1] [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning t recent year appear below: Sales Net operating income Average operating assets $ 2,520,000 $ 196,560 $840,000 The following questions are to be considered independently. Exercise 11-16 (Algo) Part 1 Required: 1. Compute the company's return on investment (ROI). Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Return on investment (ROI) %
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