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. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 380,000 $ 740,000 $ 550,000 $ 34,440 $ 48,000 $ 99,000 $ 164,000 $ 154,000 21 % 18 % 64 % 15 % % 12 % $ 43.000 $ 7,000
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. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 380,000 $ 740,000 $ 550,000 $ 34,440 $ 48,000 $ 99,000 $ 164,000 $ 154,000 21 % 18 % 64 % 15 % % 12 % $ 43.000 $ 7,000
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text: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. Do not round your
intermediate calculations.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
Company A
Company B
Company C
$
380,000
$
740,000
$
550,000
$
34,440
$
48,000
$
99,000
$
164,000
$
154,000
21 %
18 %
64 %
15 %
%
12 %
$
43.000
$
7,000
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