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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 A $ 9,270,000 Company B $ 7,450,000 $ 308,000 C $ 4,905,000 $ 3,090,000 $ 1,962,000 16 % 20% % Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return; Percentage Dollar amount Residual income 14% 19 % % $ 277,200 $ 98,100
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