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 and other amounts to whole dollars.) Company $450,000 $630,000 $710,000 $46,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return $150,000 $152,000 25 % 181% 161% Percentage Dollar amount 54,000. Residual income 7,000

Explanation / Answer

A B C Sales 450000 710000 630000 Net operating income 37500 46000 20680 Average operating assets 150000 255556 152000 ROI 25% 18% 14% Minimum required return: Percentage 16% 21% 9% Dollar amount 24000 54000 13680 Residual income 13500 -8000 7000

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