Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector ndustry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your ntermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ $ Company A 340,000 34,540 157,000 22 % 17% $ $ $ $ Company B 830,000 37,000 697,200 16 % 46,000 % $ $ $ Company C 670,000 152,000 % 10 % 7,000
Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector ndustry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your ntermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ $ Company A 340,000 34,540 157,000 22 % 17% $ $ $ $ Company B 830,000 37,000 697,200 16 % 46,000 % $ $ $ Company C 670,000 152,000 % 10 % 7,000
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 15SP
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![Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2]
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector
industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your
intermediate calculations.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
$
$
$
Company A
340,000
34,540
157,000
22 %
17 %
Company B
$ 830,000
$ 37,000
$ 697,200
$
16 %
46,000
%
Company C
$ 670,000
$
$
152,000
%
10 %
7,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6d44b97-ed8e-4bbf-b458-eb1f9584d350%2F060a35dd-7058-42da-bf82-a6c4c97fd385%2Fciw2htg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2]
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector
industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your
intermediate calculations.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
$
$
$
Company A
340,000
34,540
157,000
22 %
17 %
Company B
$ 830,000
$ 37,000
$ 697,200
$
16 %
46,000
%
Company C
$ 670,000
$
$
152,000
%
10 %
7,000
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