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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
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 tiet operating income Average operating assets $ $ 2,520,000 196,560 340,000 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.) Answer is complete but not entirely correct. 23.40 %
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