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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ A 380,000 163,000 20 % 15 % Company B $ 710,000 $ 42,000 $ 20 % 44,000 % $ $ $ C 620,000 160,000 % 11 % 4,000
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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ A 380,000 163,000 20 % 15 % Company B $ 710,000 $ 42,000 $ 20 % 44,000 % $ $ $ C 620,000 160,000 % 11 % 4,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
$
$
A
380,000
163,000
20 %
15 %
$
$
$
Company
B
710,000
42,000
20 %
44,000
%
$
$
$
C
620,000
160,000
%
11 %
4,000
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