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. Round your percentage answers to nearest whole percent.)
Sales A $9,390,000 B $7,650,000. c $5,085,000
Net operating income a? B$324,000 C?
Average operating assetsA $3,130,000 B? C $2,034,000
Return on investment (ROI)A 20%B18% C?%
Minimum required rate of return:
PercentageA18%B? C12%
Dollar amountA? B$360,000 C?
Residual incomeA? B? C$101,700
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