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.     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 160%, with no increase in average operating assets. What would be the company’s 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.

 


 

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 160%, with no increase in average operating assets. What would be the company’s ROI?

 

 
 
Return on investment (ROI)   %
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