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E10-21A (similar to) Questi Data on three unrelated companies are given in the following table. B (Click the icon to view the table.) Fill in
E10-21A (similar to) Questi 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 turnover to two decimal places X.XX.) Preston, Inc. $ Sales 102,000 Data Table 35.700 85,000 % Kerwin Industries Operating income $ Total assets $ Sales margin... Capital turnover Return on investment (ROI) .... Target rate of return............ Residual income .............. Berkner Preston, Inc. Company S 102,000 ? $ $ 35,700 $ 126,000 S 85.000 ? 530,000 Sales ... Operating income. % 7 11 % Total assets.. ? Sales margin. ? 15% 12% ? 4.20 ? ? ? 30% Capital turnover .. Return on investment (ROI) ..... Target rate of return Residual income (RI) 11% 19% 2 ? ? $ 19,080 Print Done Enter any number in the edit fields and then click Check
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