Required information

Skip to question

$[$The following information applies to the questions displayed below.$]$

CommercialServices.com provides business$-$to$-$business services on the Internet. Data concerning the most recent year appear below:

Sales $ $5,460,000$

Net operating income $ $273,000$

Average operating assets $ $910,000$

The following questions are to be considered independently.

$3.$ The Chief Financial Officer of the company believes a more realistic scenario would be a $$1,800,000$ increase in sales, requiring a $$300,000$ increase in average operating assets, with a resulting $$362,250$ increase in net operating income. What would be the company$$s ROI in this scenario? $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$