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Required information [The following information applies to the questions displayed below.] of 3 CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most
Required information [The following information applies to the questions displayed below.] of 3 CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $4,100,000 Net operating income $ 164,000 Average operating assets$ 820,000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,350,000 increase in sales, requiring a $270,000 increase in average operating assets, with a resulting $203,875 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.)
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