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Exercise 10-9 Return on Investment (ROI) and Residual Income Relations A family friend has asked your help in analyzing the operations of three anonymous companies

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Exercise 10-9 Return on Investment (ROI) and Residual Income Relations A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company A B C Sales $460,000 $810,000 $560,000 $41,000 Net operating income Average operating assets $153,000 $148,000 Return on investment (ROI) 20% 20 % % Minimum required rate of return: Percentage 13% % 10% Dollar amount $43,000 Residual income $6,000

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