Calculate the April 2023 ROI using the following information: April 2023 profit margin 25% April sales $6,000,000 Assets at March 31, 2023 2,000,000 Assets at April 30, 2033 4,000,000 Blank 1. Fill in the blank, read surrounding text. % (Do not use percent sign in answer)

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter22: Master Budget (master)
Section: Chapter Questions
Problem 6R
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Calculate the April 2023 ROI using the following information:
April 2023 profit margin 25%
April sales $6,000,000
Assets at March 31, 2023 2,000,000
Assets at April 30, 2033 4,000,000
Blank 1. Fill in the blank, read surrounding text. % (Do not use percent sign in answer)
Transcribed Image Text:Calculate the April 2023 ROI using the following information: April 2023 profit margin 25% April sales $6,000,000 Assets at March 31, 2023 2,000,000 Assets at April 30, 2033 4,000,000 Blank 1. Fill in the blank, read surrounding text. % (Do not use percent sign in answer)
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