Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost of Goods Sold Gross Profit Operating Expenses a countertop installer $759,500 $486,560 $272,940 $176,410 Net Profit Gross Profit Margin (%) Net Profit Margin (%) Owner's Equity Return on Investment (%) $96,530 35.9% 12.7% $425,210 %
Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost of Goods Sold Gross Profit Operating Expenses a countertop installer $759,500 $486,560 $272,940 $176,410 Net Profit Gross Profit Margin (%) Net Profit Margin (%) Owner's Equity Return on Investment (%) $96,530 35.9% 12.7% $425,210 %
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...
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Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)
Company | Net Sales | Cost of Goods Sold |
Gross Profit |
Operating Expenses |
---|---|---|---|---|
a countertop installer | $759,500 | $486,560 | $272,940 | $176,410 |
Net Profit | Gross Profit Margin (%) |
Net Profit Margin (%) |
Owner's Equity | Return on Investment (%) |
$96,530 | 35.9% | 12.7% | $425,210 | % |
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