Required information Exercise 1 0 - 1 3 ( Algo ) Effects of Changes in Sales, Expenses,
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Required information
Exercise Algo Effects of Changes in Sales, Expenses, and Assets on ROI LO
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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 entrepreneur who founded the company is convinced that sales will increase next year by and that net operating income will increase by with no increase in average operating assets. What would be the companys ROI? Do not round intermediate calculations. Round your answer to decimal places.
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