Three companies in the same industry. Company A $ 9,000,000 Sales Net Oper.Income Average Operating Assets...
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Three companies in the same industry. Company A $ 9,000,000 Sales Net Oper.Income Average Operating Assets Return on Investment (ROI) Min.Req.rate of return percentage dollar amount Residual Income ? $ 3,000,000 18% 16% ? ? Company B $ 7,000,000 $ 280,000 ? 14% ? $ 320,000 ? Company C $ 4,500,000 ? $ 1,800,000 ? 15% ? $ 90,000 Required: 1. Calculate and complete the missing data in the table. 2. Determine which company's performance is the best of all? Three companies in the same industry. Company A $ 9,000,000 Sales Net Oper.Income Average Operating Assets Return on Investment (ROI) Min.Req.rate of return percentage dollar amount Residual Income ? $ 3,000,000 18% 16% ? ? Company B $ 7,000,000 $ 280,000 ? 14% ? $ 320,000 ? Company C $ 4,500,000 ? $ 1,800,000 ? 15% ? $ 90,000 Required: 1. Calculate and complete the missing data in the table. 2. Determine which company's performance is the best of all?
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Fill missing amount A B C Sales 9000000 7000000 4500000 Net operating income 30000... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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