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Required information Exercise 1 0 - 1 3 ( Algo ) Effects of Changes in Sales, Expenses, and Assets on ROI [ LO 1 0
Required information
Exercise Algo Effects of Changes in Sales, Expenses, and Assets on ROI LO
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The following information applies to the questions displayed below.
CommercialServices.com Corporation provides businesstobusiness services on the Internet. Data concerning the most recent year appear below:
Sales $
Net operating income $
Average operating assets $
The following questions are to be considered independently.
Exercise Part Algo
The Chief Financial Officer of the company believes a more realistic scenario would be a $ increase in sales, requiring a $ increase in average operating assets, with a resulting $ increase in net operating income. What would be the companys ROI in this scenario? Do not round intermediate calculations. Round your answer to decimal places.
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