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Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11- Comparative data on three companies in the same service industry are given
Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11- 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 B Sales $ 3,910,000 $ 1,878,000 Net operating income $ 469,200 $ 356,820 Average operating assets $ 1,700,000 Margin % Turnover Return on investment (ROI) $ 2,660,000 % 4 % 1.50 % 11.40 % %
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