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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 $ 4,212,000 $ 1,757,000 Company C $ 7,128,000 Net operating income $ 842,400 $ 333,830 Average operating assets $ 2,340,000 Margin % Turnover Return on investment (ROI) $ 2,830,000 % 7% 2.30 % 13.30 % %
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