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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: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.)
Company | ||||||
A | B | C | ||||
Sales | $300,000 | $680,000 | $640,000 | |||
Net operating income | $41,000 | |||||
Average operating assets | $159,000 | $150,000 | ||||
Return on investment (ROI) | 25 | % | 16 | % | % | |
Minimum required rate of return: | ||||||
Percentage | 15 | % | % | 14 | % | |
Dollar amount | $52,000 | |||||
Residual income | $8,000 |
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