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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 A B C Sales $ 9,420,000 $ $ 5,130,000 7,700,000 326,000 $ $ 3,140,000 $ 2,052,000 Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage 10 % 20 % % 8 % % 13 % $ 293,400 Dollar amount Residual income $ 102,600
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