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

Essay

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