Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the entrepreneur who founded the company is convin

The entrepreneur who founded the company is convinced that sales will increase next year by...

50.1K

Verified Solution

Question

Accounting

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 companys margin, turnover and ROI? Sales$8,000,000 Net operating income$800,000 Average operating assets$3,200,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

A point charge with a mass of 1.81 ng and a charge of +1.22 uC moves...

Accounting
1.2K views

Goodfellow & Perkins gained a new client, Brookwood Pines Hospital (BPH), a private, not-for-profit hospital. The...

Accounting
1.2K views

Marvel Parts, Inc., manufactures auto accessories. One of the company’s products is a set of seat...

Basic Math
1.2K views

4 0 0004 OC

Calculus
1.2K views

Find f such that f x 2x 5x 8 and f 0 6 f x

Algebra
1.2K views

log729 log x 1 log728 terimleri aritmetik bir dizinin ard k 3 terimi oldu una...

Accounting
1.2K views

Account Title Debit Credit Cash $ 8,100 ...

Accounting
1.2K views

Suppose you want to compare Palfinger AG to another heavy equipment manufacture,...

Accounting
1.2K views

Bartolo Delivery has two divisions, air express and ground service, that share the common costs...

Accounting
1.2K views

Current Attempt in Progress Sheridan Comgary is considerine the following altematives: What is the incrementa...

Accounting
1.2K views

typing please. no handwriting On December 5, 2019, a hurricane destroyed the merchandise...

Finance
1.2K views

An analyst is considering investing in Kraft Heinz; a stock that generated free cash-flow (FCF)...