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 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. Do not round intermediate calculations. Round your answers to nearest whole number.)
Company
A B C
Sales $390,000 $720,000 $640,000
Net Operating Income ? $40,000 ?
Average Operating Assets $167,000 ? $148,000
Return on Investment (ROI) 21% 16% ?
Min. Req. rate of return:
Percentage 16% ? 11%
Dollar Amount ? $51,000 ?
Residual Income ? ? $4,000
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