Question
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
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.) ts to whole dollars.) Company B Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return Percentage Dollar amount Residual income A $ 410,000 $ 660.000 $ 630,000 $ 50,000 $ 170,000 $ 142,000 17 % 15% 17 % % 9% $ 49.000 $ 8,000
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