CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 4, 500, 000 Net operating income Average operating assets %24 270, 000 %24 900, 000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,750,000 increase in sales, requiring a $350,000 increase in average operating assets, with a resulting $401,875 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.) %OSS
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 4, 500, 000 Net operating income Average operating assets %24 270, 000 %24 900, 000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,750,000 increase in sales, requiring a $350,000 increase in average operating assets, with a resulting $401,875 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.) %OSS
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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