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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 and other amounts to whole dollars.) A Company B C Sales $ 490,000 $ 760,000 $ 510,000 Net operating income $ 25,600 $ 39,000 Average operating assets i $ 160,000 $ 229,412 $ 142,000 Return on investment (ROI) 16 % 17 %1 % Minimum required rate of return: Percentage Dollar amount Residual income 12 % 24% 15 % $ 19,200 $ 54,000 $ 21,300 $ 6,400 $ (15,000) $ 8,000
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