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Chapter 11 Question 1 A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector

Chapter 11 Question 1

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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 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 430,000 670,000 $ 570,000 Net operating income $ 36,000 Average operating assets S 155,000 140,000 Return on investment (ROD) 17 % 19 % Minimum required rate of return: Percentage 14 % % 11 % Dollar amount $ 43,000 Residual income $ 5,000

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