A family friend has asked your help in analyzing the operations o ndustry. Supply the missing data in the table below: Note: Loss amounts should be indicated by a minus sign. Roum 1 Company

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
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Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...
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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
Transcribed Image Text: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
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