Company Sales... Net operating income Average operating assets Return on investment (ROI). Minimum required rate of return: $9.000,000 $7,000,000 $ 280,000 $4,500,000 $3.000,000 18% $1,800,000 14% Percentage Doliar amount Residual income 16% 15% $ 320,000 2$ 2$ 90,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Return on Investment (ROI) and Residual Income Relations

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:

Company
Sales...
Net operating income
Average operating assets
Return on investment (ROI).
Minimum required rate of return:
$9.000,000
$7,000,000
$ 280,000
$4,500,000
$3.000,000
18%
$1,800,000
14%
Percentage
Doliar amount
Residual income
16%
15%
$ 320,000
2$
2$
90,000
Transcribed Image Text:Company Sales... Net operating income Average operating assets Return on investment (ROI). Minimum required rate of return: $9.000,000 $7,000,000 $ 280,000 $4,500,000 $3.000,000 18% $1,800,000 14% Percentage Doliar amount Residual income 16% 15% $ 320,000 2$ 2$ 90,000
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