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17. Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11-1] Comparative data on three companies in the same service industry are given
17.
Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11-1] Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) A Company B $ 2,376,000 $ 308,880 $ 4,876,000 $ 731,400 $ 2,120,000 Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) % % $ 2,580,000 5 % 1.70 % 10.40%Step by Step Solution
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