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Supply the missing data for three service companies shown in the table below. Note: Loss amounts should be indicated by a minus sign. Round your percentage ans Sales Net operating income Average operating assets Return on investment (ROI) A $9,030,000 $ 3,010,000 Company B $ 7,050,000 $ 282,000 10 % C $4,545,000 $ 1,818,000

Supply the missing data for three service companies shown in the table below. Note: Loss amounts should be indicated by a minus sign. Round your percentage ans Sales Net operating income Average operating assets Return on investment (ROI) A $9,030,000 $ 3,010,000 Company B $ 7,050,000 $ 282,000 10 % C $4,545,000 $ 1,818,000

FINANCIAL ACCOUNTING
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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Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ 9,030,000 $ 3,010,000 19 % 17 % Company 7,050,000 $ $ 282,000 $ 10 % 338,400 % $ 4,545,000 $ 1,818,000 $ % 10 % 90,900
Transcribed Image Text:Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ 9,030,000 $ 3,010,000 19 % 17 % Company 7,050,000 $ $ 282,000 $ 10 % 338,400 % $ 4,545,000 $ 1,818,000 $ % 10 % 90,900
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