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:
$\begin{array}{|l|l|}\hline \text { October } 20 \mathrm{xx} \text { profit margin } & 38 \% \\\hline \text { October } 20 \mathrm{xx} \text { sales } & \$ 2,000,000 \\\hline \text { Assets at September } 30,20 \mathrm{xx} & 1,850,000 \\\hline \text { Assets at October } 31,20 \mathrm{xx} & 1,855,000 \\\hline\end{array}$