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. Enter your ROl and Rate of Return Percentage answers to the nearest percentage (i.e., 0.12 should be entered as 12).) Company $ 370,000 $ 660,000 $ 740,000 55,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: $ 162,000 $ 152,000 201% 171% 16% 11% Percentage Dollar amount 53,000 Residual income 6,000

Explanation / Answer

A B C Sales 370000 740000 660000 Net operating income 32400 55000 22720 Average operating assets 162000 323529 152000 Return on Investment 20% 17% 15% Minimum required return: Percentage 16% 16% 11% Dollar amount 25920 53000 16720 Residual income 6480 2000 6000

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