Question
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Enter your ROI and Rate of Return Percentage answers to the nearest percentage (i.e., 0.12 should be entered as 12).)
Company A B C
Sales 330,000 700,000 660,000
Net op income _______ 55,000 ______
Avg Op Assets 156,000 _______ 149,000
Return on Invest 16% 15% _______
Minimum required rate of return:
Percentage 14% ________ 9%
Dollar Amount _______ 41,000 ______
Residual Income _______ ________ 7,000
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