The following data has been extracted from the year-end reports of two companies, Company X and Company Y:     Company X Company Y   Sales $2,700,000       Operating Income $   256,000     Average Operating Assets   $1,725,000   Margin   8.0%   Turnover   2.0   Return on Investment 16%                                                                                                                                                                                                                                                                                                                                                     Required: Fill in the missing data for the above table. Show all calculations.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 21BEB
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The following data has been extracted from the year-end reports of two companies, Company X and Company Y:

 

 

Company X

Company Y

 

Sales

$2,700,000

   

 

Operating Income

$   256,000

 

 

Average Operating Assets

 

$1,725,000

 

Margin

 

8.0%

 

Turnover

 

2.0

 

Return on Investment

16%

 

                                                                                                                                                                                                                                                                                                                                               

 

Required:

  1. Fill in the missing data for the above table. Show all calculations. 

 

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