Required information [The following information applies to the questions displayed below.] Commercial Services.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 3,400,000 Net operating income $ 272,000 Average operating assets $ 850,000 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 210 %, with no increase in average operating assets. What would be the company's ROI? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Return on investment (ROI) %

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required information
[The following information applies to the questions displayed below.]
Commercial Services.com Corporation provides business-to-business services on the Internet. Data
concerning the most recent year appear below:
Sales
$ 3,400,000
Net operating income
$ 272,000
Average operating assets
$ 850,000
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 210%, with no increase in average operating assets. What would be the company's ROI?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Return on investment (ROI)
%
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Commercial Services.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 3,400,000 Net operating income $ 272,000 Average operating assets $ 850,000 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 210%, with no increase in average operating assets. What would be the company's ROI? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Return on investment (ROI) %
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