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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. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company A B C Sales $ 350,000 $ 690,000 $ 700,000 Net operating income $ 54,000 Average operating assets $ 166,000 $ 149,000) Return on investment (ROI) 24% 19 % Minimum required rate of return: Percentage 12% % 10 % Dollar amount $ 54,000 Residual income $ 7,000
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