[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 $ 4,700,000 $ 188,000 $ 940,000 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) %
[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 $ 4,700,000 $ 188,000 $ 940,000 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
Related questions
Question
![[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
$ 4,700,000
$ 188,000
$ 940,000
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)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd5ca586-ef73-47ac-9620-7bccb84273ae%2Fa41b1410-198c-45df-af75-e798cfb26d54%2Fedbpbhb_processed.png&w=3840&q=75)
Transcribed Image Text:[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
$ 4,700,000
$ 188,000
$ 940,000
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)
%
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