Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please pay special attention to the second picture, those answers are proven to be wrong. Question 2 is correct. I don't know what I am

Please pay special attention to the second picture, those answers are proven to be wrong. Question 2 is correct. I don't know what I am messing up on the rest.

image text in transcribed

image text in transcribed

The following information applles zo the questions displayed below Commercia Services.com Corporetion provides business-to-business services on the Internet. Dats the mast recent year appear below Net operaung income Averoge operating o5sen5 8,580,000 S 943,800 5 3.300,000 Required information 5.00 points Required: 1. Compute the company's margin, turnover and retum on investment (RO) (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnovar ROI 2 60 2860: 6 References eBook & Resources Worksheet Dafficully 1 Easy Leaming Objective 12-01 Compute relurn on investment (ROI) and show how changes In sales, expenses, and assets affect RO Required information 5.00 points 2. The entrepreneur who founded lhe company is convinced that sales will increase next year by 120% and that net operating in one wil increase by 340% with no increase in average operating assets. What would be the company's ROI? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover ROI 31.101% 3.12 97 251 % References Book & Resources Worksheet iculty 1 Easy Leaming Objective 12 01 Compute returm on Investment (ROl) and show how changes in sales, expenses, and assets affect RO Required information 5.00 points 3. The Chier Financlal Omicer of the company belleves a more realisic scenario would be a $2,000,000 Increase in sales, requiring a $932,000 Increase in average operating assets, with a resulting $220,000 increase in net operating income. What would be the company's ROl in this scenano? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover ROI 2. The entrepreneur who founded the company is convinced that sales will increase next year by 120% and that net operating income will increase by 340%, with no increase in average operating assets. What would be the company's ROI? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. 31.10*1% Margin Turnover ROI 3.12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing An Introduction To International Standards On Auditing

Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage

2nd Edition

0273684108, 978-0273684107

More Books

Students also viewed these Accounting questions

Question

Assess various approaches to understanding performance at work

Answered: 1 week ago

Question

Provide a model of performance management

Answered: 1 week ago