The Parry Company provided the following information regarding its operations: End of Year 1 End of...
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The Parry Company provided the following information regarding its operations: End of Year 1 End of Year 2 Total assets $ 60,000,000 $ 65,000,000 Year 1 Year 2 Net operating income $ 885,000 $ 935,000 3,025,000 3,600,000 Net sales What is Parry's ROI for Year 2? (Round your answer to 2 decimal places.) The Parry Company provided the following information regarding its operations: End of Year 1 End of Year 2 Total assets $ 60,000,000 $ 65,000,000 Year 1 Year 2 Net operating income $ 885,000 $ 935,000 3,025,000 3,600,000 Net sales What is Parry's ROI for Year 2? (Round your answer to 2 decimal places.)
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Computation of Return on Investment on Year 2 Net Op... View the full answer
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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