Cardi B reported the following data for her company in 2019: Net Operating Income $61,000 Beginning Operating Assets ??? Ending Operating Assets $540,000 Return on Investment 0.11 Based on the information above, what was the beginning balance of Operating Assets for 2019? Round your answer to the nearest dollar.
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Cardi B reported the following data for her company in 2019:
Net Operating Income | $61,000 |
Beginning Operating Assets | ??? |
Ending Operating Assets | $540,000 |
Return on Investment | 0.11 |
Based on the information above, what was the beginning balance of Operating Assets for 2019?
Round your answer to the nearest dollar.
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