Harder Comparative data on three companies in the same service industry are given below:Required:2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.)SalesNet operating incomeAverage operating assetsMarginTurnoverReturn on investment (ROI)Company A$4,160,000$582,400$ 2,080,000%%Company B$ 2,114,000$422,800%14.00 %Company C$ 3,490,0006 %2.20%

Margin means the ratio of net income with sales revenue. Turnover means assets are efficient in…

Comparative data on three companies in the same service industry are given below: Cequired: . Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places. Company Company Company (

Comparative data on three companies in the same service industry are given below: Cequired: . Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places. Company Company Company (

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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Question

Harder

Comparative data on three companies in the same service industry are given below:
Required:
2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.)
Sales
Net operating income
Average operating assets
Margin
Turnover
Return on investment (ROI)
Company A
$
4,160,000
$
582,400
$ 2,080,000
%
%
Company B
$ 2,114,000
$
422,800
%
14.00 %
Company C
$ 3,490,000
6 %
2.20
%

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