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BusServ.com Corporation ROI

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BusServ.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:

Sales $ 14,040,000
Net operating income $ 1,193,400
Average operating assets $ 5,200,000

The entrepreneur who founded the company is convinced that sales will increase next year by 160% and that net operating income will increase by 420%, with no increase in average operating assets. What would be the companyâ??s ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

ROI %.

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Solution Summary

Your tutorial is in Excel (attached)and the is the computed ROI for current year and projected for next year.

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