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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 % %

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 % %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 % %
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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