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Required information Skip to question [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the
Required information
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[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 | $ 3,560,000 |
---|---|
Net operating income | $ 284,800 |
Average operating assets | $ 890,000 |
The following questions are to be considered independently.
3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,700,000 increase in sales, requiring a $162,000 increase in average operating assets, with a resulting $438,450 increase in net operating income. What would be the companys ROI in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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