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Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A B
Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A B C 69 69 $ 350,000 $ 820,000 $ 630,000 69 $ 54,000 $ 158,000 $ 160,000 18 % 17 % % 18 % % 14 % 69 $ 52,000 $ 7,000
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
