Return on investment is often expressed as follows: Controllable margin Average operating assets Controllable margin Sales Sales Average operating assets (61) 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 0 decimal places. e.g. 152. Enter negative amounts using either a negative sign preceding the number e.s. -45 or parentheses e.g. (45).) Sales Net operating income Average operating assets Profit margin m Assets turnover Return on investment (h Residual income Company A Company B Company C $1.382.000 $700,400 $165.840 $133,076 b) $691.000 (c) $ $4.845,000 0.5 % 1.9% (0 5
Return on investment is often expressed as follows: Controllable margin Average operating assets Controllable margin Sales Sales Average operating assets (61) 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 0 decimal places. e.g. 152. Enter negative amounts using either a negative sign preceding the number e.s. -45 or parentheses e.g. (45).) Sales Net operating income Average operating assets Profit margin m Assets turnover Return on investment (h Residual income Company A Company B Company C $1.382.000 $700,400 $165.840 $133,076 b) $691.000 (c) $ $4.845,000 0.5 % 1.9% (0 5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:Return on investment is often expressed as follows:
ROI =
Controllable margin
Average operating assets
Controllable margin
Sales
Sales
Average operating assets
(b1)
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
Company A
Company B
$1,382,000
$700,400
$165.840
$133,076
(b) $
$691.000
(c) $
(d)
% (e)
%
Return on investment
(h)
Residual income
S
k) $
() $
Company C
$4,845,000
0.5 %
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education