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.)
|
| ||||||
| Company | ||||||
| A | B | C | ||||
| Sales | $420,000 | $780,000 | $610,000 | |||
| Net operating income | $42,000 | |||||
| Average operating assets | $157,000 | $141,000 | ||||
| Return on investment (ROI) | 22 | % | 15 | % | % | |
| Minimum required rate of return: | ||||||
| Percentage | 12 | % |
| % | 9 | % |
| Dollar amount |
| $54,000 | ||||
| Residual income |
| $7,000 | ||||
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