Exercise 9-9 Return on Investment (ROI) and Residual Income Relations [LO9-1, LO9-2]

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. Enter your ROI and Rate of Return Percentage answers to the nearest percentage (i.e., 0.12 should be entered as 12).)

	A	B	C
sales	440000	840000	660000
Net operating income		48000
Average operating assets	159000		154000
Return on investment (ROI)	21%	19%
Minimum required rate of return:
percentage	13%		13%
Dollar amount
Residual income			4000