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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ 9,210,000 $ 3,070,000 14 % 12% Company $ 7,350,000 $ 4,815,000 $ 300,000 $ 12 % 250,000 % $ 1,926,000 $ 17% 96,300

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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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.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
A
$ 9,210,000
$ 3,070,000
14 %
12 %
$
$
$
Company
B
7,350,000
300,000
12 %
250,000
%
C
$ 4,815,000
$ 1,926,000
$
%
17 %
96,300
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. Round your percentage answers to nearest whole percent.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income A $ 9,210,000 $ 3,070,000 14 % 12 % $ $ $ Company B 7,350,000 300,000 12 % 250,000 % C $ 4,815,000 $ 1,926,000 $ % 17 % 96,300
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