Examine the income statement below. Compute the value of MROI. Enter your answer in decimal form....
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Examine the income statement below. Compute the value of MROI. Enter your answer in decimal form. Round your answer to the nearest 1/100. For example, if your computational results is .536, you would enter .54. Do not enter the percent symbol. Table 1. Hypothetical Income Statement Item Total Sales Revenue Dollar Amount $13,723,838 Cost of Goods Sold Parts & Materials $2,500,000 Direct Labor $1,000,000 $3,500,000 Gross Profit Margin $???? Marketing Expenses Salesforce Expenses $1,500,000 Sales Commissions $500,000 Trade and Media Advertising $300,000 Point-Of-Sale Materials $100,000 Coop Ad Allowances $500,000 Shipping Expenses $800,000 $3,700,000 Manufacturing Overhead $800,000 General & Administrative Expenses Administrative Overhead $250,000 Executive Salaries & Benefits $400,000 $650,000 Operating Profit $????? Examine the income statement below. Compute the value of MROI. Enter your answer in decimal form. Round your answer to the nearest 1/100. For example, if your computational results is .536, you would enter .54. Do not enter the percent symbol. Table 1. Hypothetical Income Statement Item Total Sales Revenue Dollar Amount $13,723,838 Cost of Goods Sold Parts & Materials $2,500,000 Direct Labor $1,000,000 $3,500,000 Gross Profit Margin $???? Marketing Expenses Salesforce Expenses $1,500,000 Sales Commissions $500,000 Trade and Media Advertising $300,000 Point-Of-Sale Materials $100,000 Coop Ad Allowances $500,000 Shipping Expenses $800,000 $3,700,000 Manufacturing Overhead $800,000 General & Administrative Expenses Administrative Overhead $250,000 Executive Salaries & Benefits $400,000 $650,000 Operating Profit $?????
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