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Current Attempt in Progress Return on investment is often expressed as follows: ROI (b1) Sales Net operating income Average operating assets Profit margin Average operating
Current Attempt in Progress Return on investment is often expressed as follows: ROI (b1) Sales Net operating income Average operating assets Profit margin Average operating assets Assets turnover Controllable margin Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, eg. 15.2 or 15.2% and all other answers to 0 decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses e.g. (45).) Return on investment Residual income (d) (f) (h) Controllable margin (1) $ Sales Company A $1,398,000 $167.760 $699,000 (c) % (e) % $ X (k) $ Sales Average operating assets Company B $767,700 $161217 (a) $ (b) 2.1 % (1) $ (1) $ Company C $5.252,000 0.4 % 4 %
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