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 $1,542,000 $200,460 $771,000 (c) % (e) % 79 $ (k) $ Company B $749,100 $149,820 % (a) $ (b) $ 2.0 % (i) (1) $ Company C $5,361,000 0.4 % 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 operating assets Profit margin Assets turnover Return on investment Residual income (d) (f) (h) (j) $ Company A $1,542,000 $200,460 $771,000 (c) % (e) % 79 $ (k) $ Company B $749,100 $149,820 % (a) $ (b) $ 2.0 % (i) (1) $ Company C $5,361,000 0.4 % 3 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vishu
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
margin
Assets
turnover
Return on
investment
Residual
income
(d)
(f)
(h)
(j) $
Company A
$1,542,000
$200,460
$771,000
% (e)
%
bo
69
(k) $
Company B
$749,100
$149,820
do
%
(a) $
(b)
2.0 % (i)
$
69
(1) $
Company C
$5,361,000
0.4 %
3
%
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