Business
Business, 06.12.2019 01:31, queenbee2994

Tropic corp. has sales revenue of $507,000 resulting in operating income of $61,000. average invested assets total $607,000, and the cost of capital is 6%. calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain the same. (round your intermediate calculations and final answers to 2 decimal places.)

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Tropic corp. has sales revenue of $507,000 resulting in operating income of $61,000. average investe...

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