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Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, L011- A family friend has asked your help in analyzing the operations of three

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Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, L011- 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 310,000 720,000 00,000 Sales Net operating income Average operating assets Return on investment (ROI) $ 48,000 S 163,000 S 155,000 23% 18% Minimum required rate of return: 10%! 131% Percentage Dollar amount Residual income $ 43,000 7,000

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