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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. Do not round your Intermediate calculations.) Sales Net operating income Average operating assets Retum on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 310,000 $ 850,000 $ 510,000 $ 51,000 $ 160,000 $ 141,000 16 % 16 % % 13 % % 13 % $ 48,000 $ 7,000
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