1 answer

CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most...

Question:

CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent ye
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $ $ $ 2,400,000 144,000 800,000 The following questions are to be considered independently Exercise 10-13 Part 1 Required: 1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 places.) Return on investment (ROI) %

Answers

ROI = Net operating income/Average operating assets

= 144000/800000

ROI = 18%

.

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