Required information Exercise 1 0 - 1 3 ( Algo ) Effects of Changes in Sales, Expenses,
Fantastic news! We've Found the answer you've been seeking!
Question:
Required information
Exercise Algo Effects of Changes in Sales, Expenses, and Assets on ROI LO
Skip to question
The following information applies to the questions displayed below.
CommercialServices.com Corporation provides businesstobusiness services on the Internet. Data concerning the most recent year appear below:
Sales $
Net operating income $
Average operating assets $
The following questions are to be considered independently.
Exercise Part Algo
The Chief Financial Officer of the company believes a more realistic scenario would be a $ increase in sales, requiring a $ increase in average operating assets, with a resulting $ increase in net operating income. What would be the companys ROI in this scenario? Do not round intermediate calculations. Round your answer to decimal places.
Posted Date: