Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, e.g. 15.2 or 15.2% and all other answers to O decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sales Net operating income Average Company A $1,578,000 $205,140 operating (c) $ assets $789,000 Profit (d) % (e) margin Assets (f) (g) turnover Return on (h) investment Residual (j) $ income % (k) $ Company B Company C $692,500 (a) $ (b) $ $131,575 % 1.9 % (i) (1) $ $4,808,000 0.5 % 3 %
Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, e.g. 15.2 or 15.2% and all other answers to O decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sales Net operating income Average Company A $1,578,000 $205,140 operating (c) $ assets $789,000 Profit (d) % (e) margin Assets (f) (g) turnover Return on (h) investment Residual (j) $ income % (k) $ Company B Company C $692,500 (a) $ (b) $ $131,575 % 1.9 % (i) (1) $ $4,808,000 0.5 % 3 %
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.16E
Related questions
Question
![Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three
companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal
place, e.g. 15.2 or 15.2% and all other answers to O decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the
number e.g. -45 or parentheses e.g. (45).)
Sales
Net
operating
income
Average
operating
assets
Profit
(d)
margin
Assets
turnover
Return on
(h)
investment
Residual
(j) $
income
Company A
$1,578,000
$205,140
$789,000
% (e)
%
$
(k) $
Company B
Company C
$692,500
(a) $
(b)
$131,575
%
1.9 % (i)
A
(1) $
$4,808,000
0.5 %
3
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F33296b5d-31ce-426a-a8fc-0238f91e6c46%2F22a37120-e17b-4f24-aa80-1ac337dcd54e%2Favy6pn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three
companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal
place, e.g. 15.2 or 15.2% and all other answers to O decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the
number e.g. -45 or parentheses e.g. (45).)
Sales
Net
operating
income
Average
operating
assets
Profit
(d)
margin
Assets
turnover
Return on
(h)
investment
Residual
(j) $
income
Company A
$1,578,000
$205,140
$789,000
% (e)
%
$
(k) $
Company B
Company C
$692,500
(a) $
(b)
$131,575
%
1.9 % (i)
A
(1) $
$4,808,000
0.5 %
3
%
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