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. Round your percentage answers to nearest whole percent and other amounts to whole dollars.)
CompanyABCSales A $460,000 B $650,000. C $580,000
Net operating income A. B $51,000. C
Average operating assets. A$162,000. B. C $158,000
Return on investment (ROI). A 21% B 17%%. C
Minimum required rate of return:Percentage1A 3%. B %. C13%
Dollar amount A. B $50,000. C
Residual incomeA. B. C. $5,000
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