ce Using Return on In Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal Company A B. Sales $ 3,910,000 $ 1,878,000 Net operating income Average operating assets Margin 469,200 %24 356,820 $ 1,700,000 $ 2,660,000 4% Turnover 1.50 Return on investment (ROI) 11.40 %

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
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Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [L011-
Comparative data on three companies in the same service industry are given below.
Required:
2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.)
Company
A
Sales
$ 3,910,000
2$
1,878,000
Net operating income
$
469,200
356,820
Average operating assets
Margin
$ 1,700,000
$ 2,660,000
4 %
Turnover
1.50
Return on investment (ROI)
11.40 %
Transcribed Image Text:Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) [L011- Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Company A Sales $ 3,910,000 2$ 1,878,000 Net operating income $ 469,200 356,820 Average operating assets Margin $ 1,700,000 $ 2,660,000 4 % Turnover 1.50 Return on investment (ROI) 11.40 %
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