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Fisher Company Income Statement For the year ending Current Year Prior Year 30,000 (amount in thousands) Sales Cost of Goods Sold Gross Profit 50,000 27,500
Fisher Company Income Statement For the year ending Current Year Prior Year 30,000 (amount in thousands) Sales Cost of Goods Sold Gross Profit 50,000 27,500 22,500 14,500 15,500 Wages Utilities Repairs Selling Total expenses 9,000 675 250 500 10,425 6,200 700 325 300 7,525 O Operating Income Operating Income as a % of sales 5,000 2,500 Total assets (investment base) Return on Investment Residual Income (8% cost of capital) Please calculate the following Operating Income Operating income as a percent of sales Return on investment
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