CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:...

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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 $ 5,220,000 $ 261,000 $870,000 The following questions are to be considered independently. Exercise 10-13 Part 3 (Algo) 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,600,000 increase in sales, requiring a $494,000 increase in average operating assets, with a resulting $335,750 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.) Answer is complete but not entirely correct. Return on investment (ROI) 43.77% 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 $ 5,220,000 $ 261,000 $870,000 The following questions are to be considered independently. Exercise 10-13 Part 3 (Algo) 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,600,000 increase in sales, requiring a $494,000 increase in average operating assets, with a resulting $335,750 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.) Answer is complete but not entirely correct. Return on investment (ROI) 43.77%

Answer rating: 100% (QA)

To calculate the Return on Investment ROI for the scenario provided by the Chief Financial Off... View the full answer