Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1] Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) A 3,432,000 $ $ 411,840 $ 1,560,000 12 % 2.20 26.40% $ $ $ Company B 1,270,000 177,800 2,540,000 14% 0.50 7.00 % $ 5,083,000 $ 2,990,000 6 % 1.70 10.20 %
Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1] Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) A 3,432,000 $ $ 411,840 $ 1,560,000 12 % 2.20 26.40% $ $ $ Company B 1,270,000 177,800 2,540,000 14% 0.50 7.00 % $ 5,083,000 $ 2,990,000 6 % 1.70 10.20 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1]
Comparative data on three companies in the same service industry are given below:
Required:
2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.)
Sales
Net operating income
Average operating assets
Margin
Turnover
Return on investment (ROI)
A
$
3,432,000
$
411,840
$ 1,560,000
12 %
2.20
26.40%
$
$
$
Company
B
1,270,000
177,800
2,540,000
14%
0.50
7.00 %
$ 5,083,000
$ 2,990,000
6 %
1.70
10.20 %](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F12705d67-ca16-44b0-b8d0-8979c9a14a16%2F4f8cef26-e96c-4d5c-9362-a369ab3b1a51%2F9geu18_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1]
Comparative data on three companies in the same service industry are given below:
Required:
2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.)
Sales
Net operating income
Average operating assets
Margin
Turnover
Return on investment (ROI)
A
$
3,432,000
$
411,840
$ 1,560,000
12 %
2.20
26.40%
$
$
$
Company
B
1,270,000
177,800
2,540,000
14%
0.50
7.00 %
$ 5,083,000
$ 2,990,000
6 %
1.70
10.20 %
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