A family friend has asked your help in analyzing the operations of three anonymo

Question

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. Round your percentage answers to nearest whole percent) Company 500,000$ 850,000$ 560,000 Sales Net operating income Average operating assets Return on investment (ROl) Minimum required rate of 40,000 167,000 158,000 20 % 20 % return Percentage 15% 12% Dollar amount 57,000 Residual income 7,000

Explanation / Answer

Missing data are entered in the table A B C sales 500000 850000 560000 net op income 33400 40000 25960 avg op assets 167000 200000 158000 ROI 20 20 16 min reqd rate of return percentage 15 29 12 dollar amount 25050 57000 18960 residual income 8350 -17000 7000

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