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 margin Assets turnover Return on investment Residual income (d) (f) (h) (j) $ Company A $1,560,000 $187,200 $780,000 (c) % (e) % (g) $ (k) $ Company B $767,300 $161,133 I % (a) $ D 2.1 % (i) tA (1) $ Company C $ $4,637,000 0.6 % 4 de %

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 margin Assets turnover Return on investment Residual income (d) (f) (h) (j) $ Company A $1,560,000 $187,200 $780,000 (c) % (e) % (g) $ (k) $ Company B $767,300 $161,133 I % (a) $ D 2.1 % (i) tA (1) $ Company C $ $4,637,000 0.6 % 4 de %

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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