Question
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.) Company Sales $ 9,450,000 Net operating income Average operating assets $ $ 7,750,000 329,000 $ 5,175,000 $ 3,150,000 $ 2,070,000 11 % 14 % % Return on investment (ROI) Minimum required rate of retum: Percentage Dollar amount Residual income 9 % % 14 % $ 376,000 $ 103,500
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