What is the company's return on investment ratio for year 1? Convert the answer in percentage. Income
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Income Statement Revenue Cost of Goods Sold Selling General & Admin Expenses Interest expense Net Income Balance Sheet Assets Cash Prepaid expenses Accounts receivable Inventory Property & equipment (net) Total Assets Liabilities Accounts payable Unredeemed gift cards Notes Payable Stockholders' Equity Cominos Stock Retained Earnings Total Liabilities & Equity Year 3 10.972 8,942 2470 76 (516) 1,354 202 375 745 20,464 23,140 2.024 410 15457 985 3,464 23,140 Year 2 11.598 8,767 2611 80 140 1.316 522 250 696 18.810 21.596 743 850 18,048 545 1410 21,596 Year 1 10,470 7,901 2479 28 62 1,880 125 231 455 17,727 20,418 678 636 17,024 815 1,265 20,418 Income Statement Revenue Cost of Goods Sold Selling General & Admin Expenses Interest expense Net Income Balance Sheet Assets Cash Prepaid expenses Accounts receivable Inventory Property & equipment (net) Total Assets Liabilities Accounts payable Unredeemed gift cards Notes Payable Stockholders' Equity Cominos Stock Retained Earnings Total Liabilities & Equity Year 3 10.972 8,942 2470 76 (516) 1,354 202 375 745 20,464 23,140 2.024 410 15457 985 3,464 23,140 Year 2 11.598 8,767 2611 80 140 1.316 522 250 696 18.810 21.596 743 850 18,048 545 1410 21,596 Year 1 10,470 7,901 2479 28 62 1,880 125 231 455 17,727 20,418 678 636 17,024 815 1,265 20,418
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The Return on Investment ROI ratio measures how effectively a company is using its invested capital ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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