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 o minus sign. Round your percentage answers to nearest whole percent.) Company B C. Sales Net operating income $ 9,090,000 $ 7,150,000 $ 4635,000 %24 288,000 $ 3,030,000 Average operating assets Return on investment (ROI) $ 1,854,000 10 % 18 % Minimum required rate of return Percentage 8% 12% Dollar amount 256,000 Residual income 92,700

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 4TP: You are considering two possible companies for investment purposes. The following data is available...
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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 o minus sign. Round your percentage
answers to nearest whole percent.)
Company
B
Sales
$ 9,090,000
$ 7,150,000
$ 4,635,000
Net operating income
Average operating assets
Return on investment (ROI)
288,000
$ 1,854,000
$ 3,030,000
10 %
18 %
Minimum required rate of return
Percentage
8%
12 %
Dollar amount
256,000
Residual income
92,700
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 o minus sign. Round your percentage answers to nearest whole percent.) Company B Sales $ 9,090,000 $ 7,150,000 $ 4,635,000 Net operating income Average operating assets Return on investment (ROI) 288,000 $ 1,854,000 $ 3,030,000 10 % 18 % Minimum required rate of return Percentage 8% 12 % Dollar amount 256,000 Residual income 92,700
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ISBN:
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Author:
OpenStax
Publisher:
OpenStax College