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Question 33 of 33 > -/22 III View Policies Current Attempt in Progress Return on investment is often expressed as follows: Controllable margin Controllable margin
Question 33 of 33 > -/22 III View Policies Current Attempt in Progress Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI X Average operating assets Sales Average operating assets (61) Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, e.g. 15.2 or 15.2% and all other answers to 0 decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Company A Company B Company C Sales $1,580,000 $725,800 (a) $ Net operating income (b) $ $173,800 $152,418 Average operating assets (c) $ $790,000 $5,387,000 Profit margin (d) % (e) % 0.6 % Assets turnover (f) (g) 5 Return on investment (h) % 2.1 % (1) % Residual income () $ (k) $ (1) $
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