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 o minus sign. Round your percentage answers to nearest whole percent.) Company B C. Sales Net operating income $ 9,090,000 $ 7,150,000 $ 4635,000 %24 288,000 $ 3,030,000 Average operating assets Return on investment (ROI) $ 1,854,000 10 % 18 % Minimum required rate of return Percentage 8% 12% Dollar amount 256,000 Residual income 92,700

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 o minus sign. Round your percentage
answers to nearest whole percent.)
Company
B
Sales
$ 9,090,000
$ 7,150,000
$ 4,635,000
Net operating income
Average operating assets
Return on investment (ROI)
288,000
$ 1,854,000
$ 3,030,000
10 %
18 %
Minimum required rate of return
Percentage
8%
12 %
Dollar amount
256,000
Residual income
92,700
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 o minus sign. Round your percentage answers to nearest whole percent.) Company B Sales $ 9,090,000 $ 7,150,000 $ 4,635,000 Net operating income Average operating assets Return on investment (ROI) 288,000 $ 1,854,000 $ 3,030,000 10 % 18 % Minimum required rate of return Percentage 8% 12 % Dollar amount 256,000 Residual income 92,700
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