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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
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 X.XX.) Plumb Company Alston, Inc. Johnson Industries - Data table $ $ 522,000 Sales Operating income Total assets 102,000 35,700 85,000 $ 120,000 $ Plumb Company ? $ Johnson Industries 522,000 Sales margin Alston, Inc. 102,000 % 15 % 10 % $ 5.00 $ ? Capital turnover... Return on investment (ROI) Target rate of return. % % % % 29 % $ 35,700 $ 120,000 85,000 ? ? 15% ? 2 11 % 20 % % 10% Residual income .............. $ 21,600 Sales Operating income Total assets.. Sales margin... Capital turnover Return on investment (ROI) Target rate of return Residual income (RI) .. ? ? 5.00 ? ? ? 29% 11% 20% ? ? ? $ 21,600
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