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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.) A Company B C Sales $ 360,000 $ 680,000 $ 690,000 Net operating income $ 51,000 Average operating assets $ 160,000 $ 140,000 Return on investment (ROI) 17 % 16 % % Minimum required rate of return: Percentage Dollar amount Residual income 14 % % $ 60,000 $ 6,000 10 %
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