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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 Sales $ 450,000 $ 700,000 Company C $ 600,000 Net operating income $ 52,000 Average operating assets $ 165,000 $ 157,000 Return on investment (ROI) 22% 16% % Minimum required rate of return: Percentage Dollar amount Residual income 15% % 11 % $ 48,000 $ 6,000
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