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Q3ch11....... Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2] A family friend has asked your help in analyzing the operations

Q3ch11.......

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Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company A B C Sales $ 400,000 $ 750,000 $ 600,000 Net operating income $ 54,000 Average operating assets $ 169,000 $ 156,000 Return on investment (ROI) 16 % 19 % Minimum required rate of return: Percentage 16 % % 14 % Dollar amount $ 46,000 Residual income 4,000

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