Uramilaben !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 mostrecent year appear below:SalesNet operating incomeAverage operating assets$ 4,300,000$ 301,000$ 860,000The following questions are to be considered independently.3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,550,000 increase in sales, requiring a$310,000 increase in average operating assets, with a resulting $444,875 increase in net operating income. What would be thecompany's ROI in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Sales =$4,300,000 + $1,550,000 =$5,850,000Net operating income $301,000 +$444,875 =$745,875Average…

Answered: ! Required information [The following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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