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Problem 10-17 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO10-1] Comparative data on three companies in the same service industry are given
Problem 10-17 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO10-1] Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Company A Company B Sales $ 3,152,000 $ Net operating income $ 409,760 1,740,000 $ 208,800 Average operating assets $ 1,970,000 Margin % Turnover Return on investment (ROI) Company C $ 2,710,000 % 8% 2.30 % 7.20 % %
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Company A Given data Sales 3152000 Net Operating Income 409760 Average Operating Assets 1970000 1 Ma...Get Instant Access to Expert-Tailored Solutions
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