A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sectorindustry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round yourintermediate calculations.)SalesNet operating incomeAverage operating assetsReturn on investment (ROI)Minimum required rate of return:PercentageDollar amountResidual income$$Company A450,000160,00022 %17%$$$Company B760,00050,00017 %59,000%$$Company C700,000149,000%11 %7,000

Return on investment is calculated by dividing net operating income by average operating assets.…

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Business

Accounting

A family friend has asked your help in ndustry. Supply the missing data in th ntermediate calculations.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...

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Question

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. Do not round your
intermediate calculations.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
$
$
Company A
450,000
160,000
22 %
17%
$
$
$
Company B
760,000
50,000
17 %
59,000
%
$
$
Company C
700,000
149,000
%
11 %
7,000

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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 minys 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 me $ 9,030,000 $ 7,050,000 $ 282,000 $ 3,010,000 19 % 17% Company B $ 10 % 338,400 % C $ 4,545,000 $ 1,818,000 $ % 10 % 90,900
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Please answer step by step with full explanation don't skip any concept.
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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. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ Company A 480,000 156,000 21 % 18 % Company B $ 740,000 GA GA $ 53,000 $ 69 18 % 54.000 % $ $ $ Company C 520,000 155,000 % 12 % 5,000
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Subject;
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. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ Company A 310,000 151,000 18 % 16 % Company B $ 800,000 $ 50,000 $ 19 % 41,000 % Company C $ 660,000 $ $ 147,000 % 9 % 4,000