c n Dezto.mheducation.com/hm.tpx The folowing information applies to the questio

Question

c n Dezto.mheducation.com/hm.tpx The folowing information applies to the questions displayed below CommercialServices.com Corporation provides business-to-business services on the Internet. Deta concerning the most recent year appear below Sales Net operating income Average operating ossets 5.980,000 $ 448.500 $ 2.600,000 4. 1.66 points Required 1. Compute the company's margin, turnover and return on investment (ROI) (Round your Turnover answer to 2 decimal places. Round your Margin and ROl percentage answers to 2 decimal places (i.e.. 0.1234 should be entered as 12.34) Margin Turnover ROI

Explanation / Answer

Operating margin = Net operating income / Sales = 448500 / 5980000 = 7.5%

Asset turnover = Sales / Average operating assets = 5980000 / 2600000 = 2.30

Return on investment = Net operating income / Average operating assets = 448500 / 2600000 = 17.25%

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