What would be the company roi, Accounting Basics

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What would be the company roi

Sales $ 8,000,000
Net operating income $ 800,000
Average operating assets $ 3,200,000

The entrepreneur who founded the company is convinced that sales will increase next year by 150% and that net operating income will increase by 400%, with no increase in average operating assets. What would be the company's ROI? (Do not round intermediate calculations).

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Accounting Basics: What would be the company roi

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Accounting Basics: What would be the company roi

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Recent Questions Asked Accounting Basics

Q : Poor base for allocating overhead in many companies

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What would be the company roi

Reference No:- TGS056109

Recent Questions Asked Accounting Basics

Q : Poor base for allocating overhead in many companies

Q : Stock account and credit balance

Q : Prepare a statement of revenues-expenditures

Q : Optional tool in the accounting method

Q : What would be the company roi

Q : Experienced an increase in accounts receivable

Q : Company desires an after-tax operating profit

Q : Real effect on profit if the order is accepted

Q : How much setup cost will be allocated

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