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family friend has asked your help in analyzing the operations of three anonymous com ndustry. Supply the missing data in the table below: (Loss amounts should be indicated answers to nearest whole percent.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount A $ 9,120,000 $ 3,040,000 11 % 9 % $ $ $ Company B 7,200,000 290,000 20 % 261,000 % C $ 4,680,000 $ 1,872,000 % 13 %

family friend has asked your help in analyzing the operations of three anonymous com ndustry. Supply the missing data in the table below: (Loss amounts should be indicated answers to nearest whole percent.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount A $ 9,120,000 $ 3,040,000 11 % 9 % $ $ $ Company B 7,200,000 290,000 20 % 261,000 % C $ 4,680,000 $ 1,872,000 % 13 %

FINANCIAL ACCOUNTING
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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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 $9,120,000 $ 3,040,000 11 % 9 % $ $ $ Company B 7,200,000 290,000 20 % 261,000 % C $ 4,680,000 $ 1,872,000 $ % 13 % 93,600
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: (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 $9,120,000 $ 3,040,000 11 % 9 % $ $ $ Company B 7,200,000 290,000 20 % 261,000 % C $ 4,680,000 $ 1,872,000 $ % 13 % 93,600
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