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Data on three unrelated companies are given in the following table. E: (Click the icon to view the table.) Fill in the missing information in
Data on three unrelated companies are given in the following table. E: (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.) Preston, Inc. Sales .......................$ Operating income ............ $ Total assets ............... .......$ 114,000 39,900 71,250 Sales margin ................. Capital turnover.......... Return on investment (ROI) .... Target rate of return... 10 % Residual income .............. Hoffman Industries $ 525,000 Sales ..................... $ Operating income ....... Preston, Inc. 114,000 39,900 71,250 Baxter Company ? $ 110,600 Total assets ..... . Sales margin ............... 14% 15% 4.00 Capital turnover. Return on investment (ROI) ... Target rate of return... 42% 10% 21% Residual income 41,250
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