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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

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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 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 Sales $ 9,060,000 $ 4,590,000 $ 7,100,000 $ 285,000 $ 3,020,000 $ 1,836,000 Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage 20 % 12 % % 18 % % 11 % Dollar amount $ 332,500 Residual income $ 91,800

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