same ser A family friend has asked your help in analyzing the operations of three anonymous companies operating industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your pe 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 $ 9,000,000 $ 3,000,000 18 % 16 % Company B $ 7,000,000 $ 280,000 $ 14 % 320,000 % $ 4,500,000 $ 1,800,000 $ % 15 % 90,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Exercise 11-9 (Static) Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2]
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same servic
industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your perce
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
$ 9,000,000
$ 3,000,000
18 %
16 %
$
$
$
Company
B
7,000,000
280,000
14 %
320,000
%
$
C
4,500,000
$ 1,800,000
$
%
15 %
90,000
M
Transcribed Image Text:Exercise 11-9 (Static) Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same servic industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your perce 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 $ 9,000,000 $ 3,000,000 18 % 16 % $ $ $ Company B 7,000,000 280,000 14 % 320,000 % $ C 4,500,000 $ 1,800,000 $ % 15 % 90,000 M
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