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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
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.) Sales Net operating income Average operating assets Return on investment (ROI)) A Company B C $ 480,000 $ 790,000 $ 530,000 $ 29,830 $ 40,000 $ 157,000 $ 210,526 $ 156,000 19% 19 % % Minimum required rate of return Percentage 14 % I % 12% Dollar amount $ 21,980 $ 55,000 $ 18,720 Residual income $ 7,850 S (15,000) $ 6,000
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