Question
Required information [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
Required information
[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 | $ | 4,700,000 |
| Net operating income | $ | 188,000 |
| Average operating assets | $ | 940,000 |
Required:
1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Return on investment (ROI)% ____________%
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Knowledge Audit Its Learning Lessons
Authors: Ajit Kumar
1st Edition
3659494836, 978-3659494833
