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Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income Relations (LO11-1, LO11-2] A family friend has asked your help in analyzing the operations of
Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income Relations (LO11-1, LO11-2] 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.) Company B $ 7,200,000 $ 290,000 $ 9,120,000 $ 4,680,000 $ 1,872,000 $ 3,040,000 11% 20 % % Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income 9 % % 13 % $ 261,000 $ 93,600
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