Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11-1] Comparative data on three companies
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/665deab8b498c_968665deab8545a2.jpg)
Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [LO11-1]
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.)
Transcribed image text: Company A B Sales $ 1,614,000 $ 161,400 Net operating income Average operating assets Margin $ 4,000,000 $ 600,000 $ 2,000,000 % $ 3,460,000 5 % % Turnover 1.90 Return on investment (ROI) % 6.00% %
Posted Date: