Data on three unrelated companies are given in the following table (Click the icon to view...

Transcribed Image Text:

Data on three unrelated companies are given in the following table (Click the icon to view the table.) Fill in the missing information in the preceding table. (Enter the capital turnover to two decimal places XXX) Data table Cole, Inc. Sales $ 108,000 Operating income $ 43,200 Cole, Inc. Berkner Company Industries Johnson Total assets $ 72,000 Sales. $ 108,000 75 490,000 Sales margin Operating income. $ 43,200 $ 117,900 2 Capital turnover. Total assets.. 72.000 2 ? Return on investment (ROI) % Sales margin. ? 15% 8% Target rate of return 9% Capital turnover ? 4.80 Residual income Return on investment (ROI) 2 2 20% Target rate of return 9% 20% Residual income (RI) ? 75 1,960 Help me solve this Video Get more neip Print Done - X Clear all Check answer Data on three unrelated companies are given in the following table (Click the icon to view the table.) Fill in the missing information in the preceding table. (Enter the capital turnover to two decimal places XXX) Data table Cole, Inc. Sales $ 108,000 Operating income $ 43,200 Cole, Inc. Berkner Company Industries Johnson Total assets $ 72,000 Sales. $ 108,000 75 490,000 Sales margin Operating income. $ 43,200 $ 117,900 2 Capital turnover. Total assets.. 72.000 2 ? Return on investment (ROI) % Sales margin. ? 15% 8% Target rate of return 9% Capital turnover ? 4.80 Residual income Return on investment (ROI) 2 2 20% Target rate of return 9% 20% Residual income (RI) ? 75 1,960 Help me solve this Video Get more neip Print Done - X Clear all Check answer