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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. Do not round your intermediate calculations.)
Company A | Company B | Company C | ||||
Sales | $480,000 | $680,000 | $620,000 | |||
Net operating income | ?# | $53,000 | ?# | |||
Average operating assets | $161,000 | ?# | $141,000 | |||
Return on investments (ROI) | 20 | % | 17 | % | ?# | % |
Minimum required rate of return: | ||||||
Percentage | 14 | % | ?# | % | 12 | % |
Dollar amount | ?# | $53,000 | ?# | |||
Residual income | ## | ?# | $7,000 |
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