CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:         Sales $ 2,760,000 Net operating income $ 110,400 Average operating assets $ 920,000     The following questions are to be considered independently.   Brewer 8e Rechecks 2019-01-10   2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 300%, with no increase in average operating assets. What would be the company’s ROI?

FINANCIAL ACCOUNTING
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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 $ 2,760,000
Net operating income $ 110,400
Average operating assets $ 920,000
 

 

The following questions are to be considered independently.

 

Brewer 8e Rechecks 2019-01-10

 

2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 300%, with no increase in average operating assets. What would be the company’s ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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