Buford Corporation provided the information below. Sales $500,000 Net operating income $54,000 Average invested assets $600,000 Calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain unchanged.
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Buford Corporation provided the information below.
|
Sales |
$500,000 |
|
Net operating income |
$54,000 |
|
Average invested assets |
$600,000 |
Calculate the
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