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 and other amounts to whole dollars.)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...
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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 and other amounts to whole dollars.)

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 and other
amounts to whole dollars.)
Company
A
B
C
Sales
$
300,000
$
820,000
$
680,000
Net operating income
$
54,000
Average operating assets
$
165,000|
$
159,000
Return on investment (ROI)
18 %
18 %
%
Minimum required rate of
return:
Percentage
17 %
%
12 %
Dollar amount
43,000
Residual income
$
4,000
24
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 and other amounts to whole dollars.) Company A B C Sales $ 300,000 $ 820,000 $ 680,000 Net operating income $ 54,000 Average operating assets $ 165,000| $ 159,000 Return on investment (ROI) 18 % 18 % % Minimum required rate of return: Percentage 17 % % 12 % Dollar amount 43,000 Residual income $ 4,000 24
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