Return on investment is often expressed as follows: Controllable margin Average operating assets Controllable margin Sales Sales Average operating assets (61) Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, e.g. 15.2 or 15.2% and all other answers to 0 decimal places. e.g. 152. Enter negative amounts using either a negative sign preceding the number e.s. -45 or parentheses e.g. (45).) Sales Net operating income Average operating assets Profit margin m Assets turnover Return on investment (h Residual income Company A Company B Company C $1.382.000 $700,400 $165.840 $133,076 b) $691.000 (c) $ $4.845,000 0.5 % 1.9% (0 5
Return on investment is often expressed as follows: Controllable margin Average operating assets Controllable margin Sales Sales Average operating assets (61) Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, e.g. 15.2 or 15.2% and all other answers to 0 decimal places. e.g. 152. Enter negative amounts using either a negative sign preceding the number e.s. -45 or parentheses e.g. (45).) Sales Net operating income Average operating assets Profit margin m Assets turnover Return on investment (h Residual income Company A Company B Company C $1.382.000 $700,400 $165.840 $133,076 b) $691.000 (c) $ $4.845,000 0.5 % 1.9% (0 5
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 16E
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