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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.) Company B C Sales S 400,000 $ 790,000 S 520,000 Net operating income S 44,000 Average operating assets $ 152,000 S 158,000 Return on investment (ROI) 20% 18% % Minimum required rate of return Percentage. 16 % % 13 % Dollar amount $ 52,000 Residual income $ 5,000
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