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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.) Sales A acompany B O $ 310,000 $ 810,000 $ 700,000 $ 54,000 $ 145,000 15 % % Net operating income Average operating assets $ 154,000 Return on investment (ROI) 20 % Minimum required rate of return Percentage Dollar amount Residual income 14 % % 9% $ 60,000 $ 4,000
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