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.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $ 3,705,000 $ 629,850 $ 2,470,000 Answer is not complete. Company B 17% 1.50 25.50 % $ 2,275,000 $ 318,500 14% 9.80 % C $ 7,728,000 $ 463,680 $ 3,220,000 6 % 2.40 14.40 %
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.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $ 3,705,000 $ 629,850 $ 2,470,000 Answer is not complete. Company B 17% 1.50 25.50 % $ 2,275,000 $ 318,500 14% 9.80 % C $ 7,728,000 $ 463,680 $ 3,220,000 6 % 2.40 14.40 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Munabhai

Transcribed Image Text: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.)
Sales
Net operating income.
Average operating assets
Margin
Turnover
Return on investment (ROI)
A
$ 3,705,000
$ 629,850
$ 2,470,000
Answer is not complete.
Company
B
17 %
1.50
25.50
%
$ 2,275,000
$ 318,500
14 %
9.80
%
C
$ 7,728,000
$ 463,680
$ 3,220,000
6
2.40
14.40 %
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