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Required information Exercise 10-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO10-1) [The following information applies to the questions displayed below. CommercialServices.com
Required information Exercise 10-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO10-1) [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 $ 3,240,000 $ 194,400 $ 810,000 The following questions are to be considered independently. Exercise 10-13 Part 2 2. The entrepreneur who founded the company is convinced that sales will increase next year by 40% and that net operating income will increase by 250%, with no increase in average operating assets. What would be the company's ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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