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 and other amounts to whole dollars.) Company A B C Sales $330,000 $690,000 $540,000 Net operating income $54,000 Average operating assets $151,000 $141,000 Return on investment (ROI) 16 % 19 % % Minimum required rate of return: Percentage 14 % % 11 % Dollar amount $50,000 Residual income $4,000
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