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Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI = Average operating assets Sales Average operating assets b1) Comparative data
Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI = Average operating assets Sales Average operating assets b1) 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 Sales $1,410,000 $725,600 (a) Net operating (b) income $169,200 $137,864 LA Average operating (c) assets $705,000 LA Profit (d) % (e) % margin Assets (f ) (g) turnover Return on (h) 1.9 % (i) investment Residual j) (k) (1) income $hull I CIIlnLLCIIIPI. III I Iual 1:3: Return on investment is often expressed as follows: Controllable margin Controllable margin Sales Average operating assets Sales Average operating assets {'31} 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 $ 1,410,000 $725,600 (a) $ lb) 5 169,200 $ 137,864 $ {c} $705,000 $ $5,406,000 % {6) 95 0.5 96 (g) 5 % 1.9 '36 {i} '36 (R) $ {I} $
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