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Please show me step by step for better understanding. Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has

Please show me step by step for better understanding.

Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2]

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.)

Company
A B C
Sales $9,000,000 $7,000,000 $4,500,000
Net operating income $280,000
Average operating assets $3,000,000 $1,800,000
Return on investment (ROI) 18 % 14 % %
Minimum required rate of return:
Percentage 16 % % 15 %
Dollar amount $320,000
Residual income $90,000

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