Question: Required information Exercise 1 0 - 1 3 ( Algo ) Effects of Changes in Sales, Expenses, and Assets on ROI [ LO 1 0

Required information
Exercise 10-13(Algo) Effects of Changes in Sales, Expenses, and Assets on ROI [LO10-1]
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[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 $ 5,700,000
Net operating income $ 285,000
Average operating assets $ 950,000
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 $2,000,000 increase in sales, requiring a $150,000 increase in average operating assets, with a resulting $388,750 increase in net operating income. What would be the companys ROI in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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