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Data table Data on three unrelated companies are given in the following table. B (Click the icon to view the table.) Fill in the missing
Data table Data on three unrelated companies are given in the following table. B (Click the icon to view the table.) Fill in the missing information in the preceding table. (Enter the capital t Baxter Company ? $ Hoffman Industries Smith, Inc. Sales...... 102,000 525,000 Smith, Inc. Operating income. $ 35,700 $ 110,600 ? Sales. $ 102,000 Total assets.. $ 85,000 ? ? Operating income $ 35,700 ? 14% 15% Total assets $ 85,000 Sales margin.. Capital turnover Return on investment (ROI) ? 4.00 ? Sales margin % ? ? 42% Target rate of return 11% 21% ? Capital turnover Return on investment (ROI) Target rate of return. % Residual income (RI) ? ? $ 41,250 11 % Residual income
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