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Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, L011-2) A family friend has asked your help in analyzing the operations of three
Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, L011-2) 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.) Company Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return S 400,000 $640,000 S 690,000 53,000 S 158,000 $143,000 24 % 171% 15% Percentage Dollar amount 91% $46,000 Residual income 6,000
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