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 answer to nearest whole percent.)

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 answer to nearest whole percent.)

Explanation / Answer

A B C Sales    9,000,000    7,000,000    4,500,000 Net operating income       540,000 3000000*.18       280,000       360,000 270000+90000 Average operating assets    3,000,000    2,000,000 280000/.14    1,800,000 Return on Investment 18% 14% 20% Minimum required rate of return % 16% 16% 15% $       480,000 3000000*.16       320,000       270,000 1800000*.15 residual income          60,000       (40,000)          90,000

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