OO ezto.mheducation.com/hm.tpx E connect ACC 2203 FULL ONLINE-Spring 2018 2203 F
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OO ezto.mheducation.com/hm.tpx E connect ACC 2203 FULL ONLINE-Spring 2018 2203 Full Online - Spring 2018 ACCOUNTING 9 HW Question 2 (of 3) 10.00 points Comparative data on three companies in the same service industry are given below. Required: 2. FilM in the missing information.(Round your Turnover answers to 2 decimal places. Round your Margin and ROl percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34)) Companies in the Same Industry S 4,301,000 S 559,130 $ 1,870,000 S 855,000 S 128.250 Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $ 3,210,000 6001% 1.80 4.50% References eBook & Resources Difficulty: 1 Easy Worksheet O Type here to search FS F6Explanation / Answer
Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars A B C Sales C = 1.80*3210,000 4,301,000.00 855,000.00 5,778,000.00 Net operating income C = 5778,000*6% 559,130.00 128,250.00 346,680.00 Average operating assets B = 128,250/4.50% 1,870,000.00 2,850,000.00 3,210,000.00 Margin A = 559,130/4301,000 B = 128,250/855,000 13.00% 15.00% 6% Turnover A = 4301,000/1870,000 B = 855,000/2850,000 2.30 0.30 1.80 Return on Investment A = 559,130/1870,000 C = 346,680/3210,000 29.90% 4.50% 10.80%
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