Exercise 10-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO10-1] [The following information...
Exercise 10-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO10-1]
[The following information applies to the questions displayed below.]
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
| Sales | $ | 3,560,000 |
| Net operating income | $ | 284,800 |
| Average operating assets | $ | 890,000 |
Exercise 10-13 Part 2
2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 200%, with no increase in average operating assets. What would be the company’s ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Homework Answers
New net operating income = 284,800 + 200%
= 854,400
Return on investment = Net operating income/Average operating assets
= 854,400/890,000
= 96%
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Exercise 10-13 Effects of Changes in Sales, Expenses, and Assets
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Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1] [The...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1] [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 2,640,000 Net operating income $ 184,800 Average operating assets $ 880,000 The following questions are to be considered independently. Garrison 16e Rechecks 2019-01-10 Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO1...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1] [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 2,640,000 Net operating income $ 184,800 Average operating assets $ 880,000 The following questions are to be considered independently. Garrison 16e Rechecks 2019-01-10 Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1) The following inf...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1) The following information applies to the questions displayed below.] Commercial Services.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 $ $ $ 4,700,000 188,000 940,000 The following questions are to be considered independently. Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales will increase next...
2013 Required Information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1...
2013 Required Information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1 [The following information applies to the questions displayed below) Commercial Services.com Corporation provides business-to-business services on the Internet Data concerning the most recent year appear below. 01:12:17 $ $ 3,240,000 194,400 810,000 Net operating income Average operating assets Skipped The following questions are to be considered independently eBook References Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales...
chap 11 alg 1 Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI...
chap 11 alg 1
Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.] Commercial Services.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 11-13 Part 1 Required: 1. Compute the company's return on investment (ROI). (Do not round...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.] 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 $ $ $ 4,700,000 188,000 940,000 The following questions are to be considered independently. Exercise 11-13 Part 3 3. The Chief Financial Officer of the company believes a more realistic scenario would be...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.) 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 $ $ $ 3,720,000 223,200 930,000 The following questions are to be considered independently. Exercise 11-13 Part 3 3. The Chief Financial Officer of the company believes a more realistic scenario would be...
The following information applies to the questions displayed below) CommercialServices.com Corporation provides bus...
The following information applies to the questions displayed below) 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 sets $ $ $ 2,400,000 144,000 800.000 The following questions are to be considered independently Exercise 10-13 Part 2 2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 360%, with no increase in...
Required information [The following information applies to the questions displayed below.) Part 2 of 3 CommercialServices.com...
Required information [The following information applies to the questions displayed below.) Part 2 of 3 CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: points Sales Net operating income Average operating assets $ $ $ 3,240,000 194,400 810,000 eBook The following questions are to be considered independently. Ask Print 2. The entrepreneur who founded the company is convinced that sales will increase next year by 40% and that net operating income will increase...
! Required information [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business...
! Required information [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: $2,760,000 $ $ Sales Net operating income Average operating assets 110,400 920,000 The following questions are to be considered independently. Required: 1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI) Required information [The following information applies to...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1) The following information applies to the questions displayed below.] Commercial Services.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 $ $ $ 4,700,000 188,000 940,000 The following questions are to be considered independently. Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales will increase next...
2013 Required Information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1 [The following information applies to the questions displayed below) Commercial Services.com Corporation provides business-to-business services on the Internet Data concerning the most recent year appear below. 01:12:17 $ $ 3,240,000 194,400 810,000 Net operating income Average operating assets Skipped The following questions are to be considered independently eBook References Exercise 11-13 Part 2 2. The entrepreneur who founded the company is convinced that sales...
chap 11 alg 1
Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.] Commercial Services.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 11-13 Part 1 Required: 1. Compute the company's return on investment (ROI). (Do not round...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.] 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 $ $ $ 4,700,000 188,000 940,000 The following questions are to be considered independently. Exercise 11-13 Part 3 3. The Chief Financial Officer of the company believes a more realistic scenario would be...
Required information Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI (LO11-1] [The following information applies to the questions displayed below.) 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 $ $ $ 3,720,000 223,200 930,000 The following questions are to be considered independently. Exercise 11-13 Part 3 3. The Chief Financial Officer of the company believes a more realistic scenario would be...
The following information applies to the questions displayed below) 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 sets $ $ $ 2,400,000 144,000 800.000 The following questions are to be considered independently Exercise 10-13 Part 2 2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 360%, with no increase in...
Required information [The following information applies to the questions displayed below.) Part 2 of 3 CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: points Sales Net operating income Average operating assets $ $ $ 3,240,000 194,400 810,000 eBook The following questions are to be considered independently. Ask Print 2. The entrepreneur who founded the company is convinced that sales will increase next year by 40% and that net operating income will increase...
! Required information [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: $2,760,000 $ $ Sales Net operating income Average operating assets 110,400 920,000 The following questions are to be considered independently. Required: 1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI) Required information [The following information applies to...
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