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Fill in the missing information in the preceding table. (Enter the capital turnover to two decimal places X.XX.) - - X Data table Smith, Inc.
Fill in the missing information in the preceding table. (Enter the capital turnover to two decimal places X.XX.) - - X Data table Smith, Inc. Plumb Company Bentfield Industries $ 490,000 Sales $ 116,000 46,400 Operating income Bentfield Industries $ $ 120,000 Total assets $ 80,000 $ 490,000 Sales Operating income % 15 % 8 % $ Plumb Smith, Inc. Company 116,000 ? $ 46,400 $ 120,000 80,000 ? ? 15% ? 5.00 ? 5.00 Sales margin Capital turnover Return on investment (ROI) Target rate of return Residual income $ ? 8% 0% % 20 % 12 % 20 % % ? Total assets Sales margin Capital turnover Return on investment (ROI) Target rate of return Residual income (RI) $ 1,960 ? ? 20% 12% 20% 2 ? ? $ 1,960 Print Done
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