Question: mework i Saved Help Save & Exit Submit Check my work Required information [The following information applies to the questions displayed below.) CommercialServices.com Corporation provides

mework i Saved Help Save & Exit Submit Check my work 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 $ 3,400,000 $ 272,000 850,000 $ The following questions are to be considered independently. 2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 210%, with no increase in average operating assets. What would be the company's ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI) Check my work 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 $ $ $ 3,400,000 272,000 850,000 The following questions are to be considered independently. 3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,500,000 increase in sales, requiring a $375,000 increase in average operating assets, with a resulting $426,250 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.) Return on investment (ROI)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
