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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 answers to the nearest whole number. Omit the "$" and "%" signs in your response.)

   
Company
                                                 A                      B                            C
Sales                                        $ 340,000       $ 660,000                $ 690,000
Net operating income               $ ?                  $ 52,000                  $ ?
Average operating assets        $ 161,000       $ ?                           $ 154,000
Return on investment (ROI)               22%      21% ?                        %
Minimum required rate of return:           
Percentage                                        16%      ?%                           10%   
Dollar amount                                    $ ?         $ 52,000                   $ ?   
Residual income                                 $?          $ ?                            $4,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9947023

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