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 your intermediate calculations.) Company A Company B Company C Average operating assets Sales Net operating income Return on investment (ROI) Minimum required rate of return: $ 320,000 $ 690,000 $ 560,000 $ 36,000 $ 154,000 21 % $ 147,000 17 % % Percentage Dollar amount Residual income 16 % % 15 % $ 58,000 $ 7,000

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 1MCQ
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Teck my
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 your
intermediate calculations.)
Sales
Net operating income
Average operating assets
Return on investment (ROI)
Minimum required rate of return:
Percentage
Dollar amount
Residual income
Company A
Company B
Company C
$
320,000
$
690,000
$
560,000
$
36,000
$
154,000
$
147,000
21 %
17 %
%
16%
%
15 %
$
58,000
$
7,000
Transcribed Image Text:Teck my 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 your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 320,000 $ 690,000 $ 560,000 $ 36,000 $ 154,000 $ 147,000 21 % 17 % % 16% % 15 % $ 58,000 $ 7,000
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