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. Do not round intermediate calculations. Round your answers to nearest whole number.) Company Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of retum: S 740,000 S 43,000 $350,000 $510,000 $168,000 $159,000 24 | % 18% Percentage 131% 111% Dollar amount S 45,000 Residual income 4,000

Explanation / Answer

A B C Sales 350000 740000 510000 Net operating income 40320 43000 21490 Average operating assets 168000 238889 159000 ROI 24% 18% 14% Minimum required return: percentage 13% 19% 11% Dollar amount 21840 45000 17490 Residual income 18480 -2000 4000

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