SuperStore reported the following financial data for the most recent year end. Sales, $180,000; operating expenses...

 

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SuperStore reported the following financial data for the most recent year end. Sales, $180,000; operating expenses $150,000; average operating assets, $150,000; total liabilities, $98,000. The company requires a minimum 15% return on investments. The company is considering investing in a new cell phone vending machine that would cost $25,000. The vending machine should generate an additional $19,000 in sales revenue and cost approximately $14,500 to operate. If SuperStore invested in the vending machine, what is the return on investment (ROI) for the company with the vending machine? SuperStore reported the following financial data for the most recent year end. Sales, $180,000; operating expenses $150,000; average operating assets, $150,000; total liabilities, $98,000. The company requires a minimum 15% return on investments. The company is considering investing in a new cell phone vending machine that would cost $25,000. The vending machine should generate an additional $19,000 in sales revenue and cost approximately $14,500 to operate. If SuperStore invested in the vending machine, what is the return on investment (ROI) for the company with the vending machine?

Answer rating: 100% (QA)

Solution the return on investment ROI for SuperStore with the vending machine we need to determine t... View the full answer