Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. Note: Round the "Turnover" and "ROI" answers to 2 decimal places. Company A B C Sales $ 3,408,000 $ 1,335,000 Net operating income $ 681,600 $ 146,850 Average operating assets $ 2,130,000 Margin % Turnover Return on investment (ROI) $ 3,290,000 % 7% 1.80 % 5.50 % %
Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. Note: Round the "Turnover" and "ROI" answers to 2 decimal places. Company A B C Sales $ 3,408,000 $ 1,335,000 Net operating income $ 681,600 $ 146,850 Average operating assets $ 2,130,000 Margin % Turnover Return on investment (ROI) $ 3,290,000 % 7% 1.80 % 5.50 % %
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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![Comparative data on three companies in the same service industry are given below.
Required:
2. Fill in the missing information.
Note: Round the "Turnover" and "ROI" answers to 2 decimal places.
Company
A
B
C
Sales
$ 3,408,000
$
1,335,000
Net operating income
$
681,600
$ 146,850
Average operating assets
$ 2,130,000
Margin
%
Turnover
Return on investment (ROI)
$
3,290,000
%
7%
1.80
%
5.50 %
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2a045b4e-156a-4189-9342-87ed008e99a0%2Fd4b2c9e5-d233-454d-8ae9-2234a4f81279%2Fwlt0a4p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Comparative data on three companies in the same service industry are given below.
Required:
2. Fill in the missing information.
Note: Round the "Turnover" and "ROI" answers to 2 decimal places.
Company
A
B
C
Sales
$ 3,408,000
$
1,335,000
Net operating income
$
681,600
$ 146,850
Average operating assets
$ 2,130,000
Margin
%
Turnover
Return on investment (ROI)
$
3,290,000
%
7%
1.80
%
5.50 %
%
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