Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Preston Company Berkner Industries Johnson, Inc. Sales $116,000 ? $490,000 Operating income $46,400 $117,900 ? Total assets $80,000 ? ? Sales margin ? 15% 8%
| Preston Company | Berkner Industries | Johnson, Inc. | ||||
| Sales | $116,000 | ? | $490,000 | |||
| Operating income | $46,400 | $117,900 | ? | |||
| Total assets | $80,000 | ? | ? | |||
| Sales margin | ? | 15% | 8% | |||
| Capital turnover | ? | 4.8 | ? | |||
| Return on investment (ROI) | ? | ? | 20% | |||
| Target rate of return | 12% | 20% | ? | |||
| Residual income (RI) | ? | ? | $1,960
| |||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Final Work On Internal Audit Internal Audit And Its Management
Authors: Silvia Mamani
1st Edition
6203099651, 978-6203099652
