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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 Sales $ 480,000 $ $ 670,000 690,000 36,000 $ $ 159,000 Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage 153,000 23 % 16 % % 15 % % 13 % Dollar amount $ 42,000 Residual income $ 8,000
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