As the staff accountant for Investment Center 713,calculate the October 20xx ROI,using the following information:
$\begin{array}{lr}
\text { October 20xx profit margin } & 38 \% \
\text { October 20xx sales } & \$ 2,000,000 \
\text { Assets at September 30, 20xx } & 1,850,000 \
\text { Assets at October 31, 20xx } & 1,855,000
\end{array}$

Question

As the staff accountant for Investment Center 713,calculate the October 20xx ROI,using the following information:
 $\begin{array}{lr}
\text { October 20xx profit margin } & 38 \% \
\text { October 20xx sales } & \$ 2,000,000 \
\text { Assets at September 30, 20xx } & 1,850,000 \
\text { Assets at October 31, 20xx } & 1,855,000
\end{array}$

Quizplus · Accepted Answer

The Answer of As the staff accountant for Investment Center 713,calculate the October 20xx ROI,using the following information:
 $\begin{array}{lr}
\text { October 20xx profit margin } & 38 \% \
\text { October 20xx sales } & \$ 2,000,000 \
\text { Assets at September 30, 20xx } & 1,850,000 \
\text { Assets at October 31, 20xx } & 1,855,000
\end{array}$

As the Staff Accountant for Investment Center 713,calculate the October