CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:         Sales $ 4,980,000 Net operating income $ 298,800 Average operating assets $ 830,000     The following questions are to be considered independently.   Brewer 8e Rechecks 2019-01-10   3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,400,000 increase in sales, requiring a $166,875 increase in average operating assets, with a resulting $243,500 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.)         Return on investment (ROI)   %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:

 

     
Sales $ 4,980,000
Net operating income $ 298,800
Average operating assets $ 830,000
 

 

The following questions are to be considered independently.

 

Brewer 8e Rechecks 2019-01-10

 

3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,400,000 increase in sales, requiring a $166,875 increase in average operating assets, with a resulting $243,500 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.)

 

 

 
 
Return on investment (ROI)   %
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