Question: Question 13 2 points Save Answer A business has operating income of $348888, revenue of $2601810 and total assets of $2498916. The current return
Question 13 2 points Save Answer A business has operating income of $348888, revenue of $2601810 and total assets of $2498916. The current return on investment (ROI) of the business is below their expectation. To increase the ROI to 19%, the business needs to achieve an investment turnover of, (Present the final answer as a 2-decimal place number, NOT as a percentage.)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
