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 C Sales 500,000 2$ 800,000 2$ 600,000 Net operating income $ 45,000 Average operating assets 24 162,000 145,000 Return on investment (ROI) 23 % 19 % % Minimum required rate of return: Percentage 13 % % 14 % Dollar amount 2$ 50,000 Residual income $ 7,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2]
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
500,000
800,000
2$
600,000
Net operating income
2$
45,000
Average operating assets
2$
162,000
145,000
Return on investment (ROI)
23 %
19 %
%
Minimum required rate of return:
Percentage
13 %
%
14 %
Dollar amount
$
50,000
Residual income
7,000
Transcribed Image Text:Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] 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 500,000 800,000 2$ 600,000 Net operating income 2$ 45,000 Average operating assets 2$ 162,000 145,000 Return on investment (ROI) 23 % 19 % % Minimum required rate of return: Percentage 13 % % 14 % Dollar amount $ 50,000 Residual income 7,000
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