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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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return. Percentage Dollar amount Residual income $ $ $ $ $ A 9,390,000 626,000 3,130,000 20 % 18 % 563,400 62,600 Company B $ 7,650,000 $ 324,000 $ 1,800,000 $ 18 % 20% 360,000 $ 5,085,000 $ 345,780 $ 2,034,000 $ $ 17 % 12 % 244,080 101,700
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