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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: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. A Company B C Sales Net operating income $ 9,540,000 $ 7,900,000 $ 342,000 $ 5,310,000 Average operating assets Return on investment (ROI) $ 3,180,000 $ 2,124,000 14 % 18 % % Minimum required rate of return: Percentage Dollar amount Residual income 12 % % 18 % $ 304,000 $ 106,200
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