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Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1) The following information applies to the questions displayed below.] Commercial
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1) The following information applies to the questions displayed below.] Commercial Services.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 $ $ $ 4,700,000 188,000 940,000 The following questions are to be considered independently. Exercise 11-13 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.) Return on investment (ROI)
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