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 Net operating income Average operating assets $ 4, 500, 000 %24 270, 000 %24 900, 000 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)
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 Net operating income Average operating assets $ 4, 500, 000 %24 270, 000 %24 900, 000 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)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Return on investment (ROI) calculates how so much net operating profit a company earns in a given time as a proportion from its average operating assets. ROI measures how effectively you use your company's resources to create operational profit.
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