3. Data on three unrelated companies are given in the following table. 1 (Click the...
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3. Data on three unrelated companies are given in the following table. 1 ¹ (Click the icon to view the table.) Requirement 1. Fill in the missing information. (Round asset turnover to two decimal places. All other answers, round to the nearest whole number.) Alston Company Gammaro Industries Calloway Inc. Sales 102,000 $ 522,000 Operating income 35,700 $ 126,000 Total assets... 85,000 Profit margin... % 15 % Asset turnover Return on investment (ROI) % Target rate of return 11% Residual income 1: Data Table Alston Company Sales.... $ 102,000 Operating income. $ 35,700 Total assets. $ 85,000 Profit margin. ? Asset turnover.. ? Return on investment (ROI) .... ? Target rate of return 11% Residual income.. ? 69 4.20 % 19 % $ Gammaro Industries ? $ 126,000 ? 15% 4.20 ? 19% ? 10 % 29% % 21,600 Calloway, Inc. $ 522,000 ? ? 10% ? 29% ? $ 21,600 3. Data on three unrelated companies are given in the following table. 1 ¹ (Click the icon to view the table.) Requirement 1. Fill in the missing information. (Round asset turnover to two decimal places. All other answers, round to the nearest whole number.) Alston Company Gammaro Industries Calloway Inc. Sales 102,000 $ 522,000 Operating income 35,700 $ 126,000 Total assets... 85,000 Profit margin... % 15 % Asset turnover Return on investment (ROI) % Target rate of return 11% Residual income 1: Data Table Alston Company Sales.... $ 102,000 Operating income. $ 35,700 Total assets. $ 85,000 Profit margin. ? Asset turnover.. ? Return on investment (ROI) .... ? Target rate of return 11% Residual income.. ? 69 4.20 % 19 % $ Gammaro Industries ? $ 126,000 ? 15% 4.20 ? 19% ? 10 % 29% % 21,600 Calloway, Inc. $ 522,000 ? ? 10% ? 29% ? $ 21,600
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