Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost of Goods Sold Gross Profit Operating Expenses a countertop installer $759,500 $486,560 $272,940 $176,410 Net Profit Gross Profit Margin (%) Net Profit Margin (%) Owner's Equity Return on Investment (%) $96,530 35.9% 12.7% $425,210  %

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...
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Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)
Company Net Sales Cost of
Goods Sold
Gross
Profit
Operating
Expenses
a countertop installer $759,500 $486,560 $272,940 $176,410
Net Profit Gross Profit
Margin (%)
Net Profit
Margin (%)
Owner's Equity Return on
Investment (%)
$96,530 35.9% 12.7% $425,210  %
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