plz answer all three. 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 most recent year appear below: Sales $ 2,280,000 Net operating income $ 250,800 Average operating assets $ 760,000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,050,000 increase in sales, requiring a $572,000 increase in average operating assets, with a resulting $165,450 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.)
plz answer all three. 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 most recent year appear below: Sales $ 2,280,000 Net operating income $ 250,800 Average operating assets $ 760,000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,050,000 increase in sales, requiring a $572,000 increase in average operating assets, with a resulting $165,450 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.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
plz answer all three.
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 most recent year appear below:
Sales | $ 2,280,000 |
---|---|
Net operating income | $ 250,800 |
Average operating assets | $ 760,000 |
The following questions are to be considered independently.
3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,050,000 increase in sales, requiring a $572,000 increase in average operating assets, with a resulting $165,450 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.)
![!
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 most
recent year appear below:
$ 2,280,000
$ 250,800
$ 760,000
Sales
Net operating income
Average operating assets
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 100%, 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.)
Return on investment (ROI)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e89c8a0-b5c7-4d5d-8bc4-e417f7670c5e%2Ffe57c05b-a4bf-49cf-b806-67900b725345%2Fzllmzo_processed.png&w=3840&q=75)
Transcribed Image Text:!
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 most
recent year appear below:
$ 2,280,000
$ 250,800
$ 760,000
Sales
Net operating income
Average operating assets
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 100%, 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.)
Return on investment (ROI)
![!
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 most
recent year appear below:
$ 2,280,000
$ 250,800
$ 760,000
Sales
Net operating income
Average operating assets
The following questions are to be considered independently.
Required:
1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal
places.)
Return on investment (ROI)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e89c8a0-b5c7-4d5d-8bc4-e417f7670c5e%2Ffe57c05b-a4bf-49cf-b806-67900b725345%2F7yjcfgd_processed.png&w=3840&q=75)
Transcribed Image Text:!
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 most
recent year appear below:
$ 2,280,000
$ 250,800
$ 760,000
Sales
Net operating income
Average operating assets
The following questions are to be considered independently.
Required:
1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal
places.)
Return on investment (ROI)
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