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 and other amounts to whole dollars.) Company A C Sales 2$ 340,000 2$ 760,000 2$ 650,000 Net operating income Average operating assets 2$ 40,000 164,000 2$ 159,000 Return on investment (ROI) 21 % 18 % % Minimum required rate of return: Percentage 18 % % 10 % Dollar amount $ 57,000 Residual income 2$ 5,000
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. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company A C Sales 2$ 340,000 2$ 760,000 2$ 650,000 Net operating income Average operating assets 2$ 40,000 164,000 2$ 159,000 Return on investment (ROI) 21 % 18 % % Minimum required rate of return: Percentage 18 % % 10 % Dollar amount $ 57,000 Residual income 2$ 5,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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. Round your percentage
answers to nearest whole percent and other amounts to whole dollars.)
Company
A
C
Sales
$
340,000
$
760,000
$
650,000
Net operating income
$
40,000
Average operating assets
$
164,000
$
159,000
Return on investment (ROI)
21 %
18 %
%
Minimum required rate of return:
Percentage
18 %
%
10 %
Dollar amount
$
57,000
Residual income
$
5,000
%24
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