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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 $ 400,000 $ 720,000 $ 510,000 Net operating income $ 47,000 Average operating assets $ 160,000 $ 159,000 Return on investment (ROI) 22 % 17 % % Minimum required rate of return: Percentage 16 % % 14% Dollar amount $ 56,000 Residual income $ 8,000
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