Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Company B A C Sales Net operating income $ 9,120,000 $ 7,200,000 $ 4,680,000 $ 290,000 Average operating assets $ 3,040,000 $ 1,872,000 Return on investment (ROI) 11 % 20 % % Minimum required rate of return. Percentage Dollar amount Residual income 9% % 13 % $ 261,000 $ 93,600

Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Company B A C Sales Net operating income $ 9,120,000 $ 7,200,000 $ 4,680,000 $ 290,000 Average operating assets $ 3,040,000 $ 1,872,000 Return on investment (ROI) 11 % 20 % % Minimum required rate of return. Percentage Dollar amount Residual income 9% % 13 % $ 261,000 $ 93,600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income A Company B C $ 9,450,000 $ $ 7,750,000 329,000 $ 5,175,000 $ 3,150,000 $ 2,070,000 11 % 14 % % 9% $ 376,000 % 14 % $ 103,500
Using the data below, calculate the ROI for Company A. Company A Operating assets Required rate of return Minimum required return Actual income Residual income $250,000 Fill in the blank 25% Company B $750,000 25% $75,000 $12,500 ???? ROI 333 If the answer is less than 1.00, do not place a zero in front of the decimal. Calculate your answer to two decimal places- even if the last digit is a zero. $250,000
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: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income A $ 9,180,000 $ 3,060,000 13 % 11 % $ $ $ Company B 7,300,000 296,000 10 % 355,200 % C $ 4,770,000 $ 1,908,000 $ % 16% 95,400
Required Supply the missing information in the following table for Vernon Company. (Do not round intermediate calculations. Round "ROI" answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Sales $369,600 ROI % Operating assets Operating income Turnover 2.1 Residual income Operating profit margin 14 % Desired rate of return 17 %
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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ A 9,000,000 3,000,000 C 18 % 16 % $ $ $ Company B 7,000,000 280,000 14 % 320,000 % $ $ $ C 4,500,000 1,800,000 % 15 % 90,000
XY Company provided you the following data: Average operating assets 120,000 Margin on sales 15% Minimum required rate of return 20% Return on investment 25% Sales 300,000 Turnover 2.50 What is the residual income? (Correct ans: 21,000) need solution
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Required Supply the missing information in the following table for Gibson Company. (Do not round intermediate calculations. Round "ROI" answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Sales 2$ 302,600 ROI % Operating assets Operating income Turnover 1.7 Residual income Operating profit margin 13 % Desired rate of return 16 %
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