Return on investment is often expressed as follows: ROI (61) Sales Net operating income Average operating...
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Return on investment is often expressed as follows: ROI (61) Sales Net operating income Average operating assets Profit margin Assets Turnover Controlable margin Average operating assets Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, eg 15.2 or 15.2% and all other answers to O decimal ploces, eg 152. Enter negative amounts using either a negative sign preceding the number es-45 or parentheses es (453) Return on investment. Residual income 3. IN U $ Controllable margin Company A $1.372.000 $150,920 Sales $686,000 (1) %() (2) Sales () $ Average operating assets Company B $788.200 $149,758 (a) $ Cod 1.9 % 0 105 Company C $5.435.000 0 % Return on investment is often expressed as follows: ROI (61) Sales Net operating income Average operating assets Profit margin Assets Turnover Controlable margin Average operating assets Comparative data on three companies operating in the same industry follow. The minimum required ROI is 10% for all three companies. Determine the missing amounts. (Round asset turnover of Company B and return on investment of Company C to 1 decimal place, eg 15.2 or 15.2% and all other answers to O decimal ploces, eg 152. Enter negative amounts using either a negative sign preceding the number es-45 or parentheses es (453) Return on investment. Residual income 3. IN U $ Controllable margin Company A $1.372.000 $150,920 Sales $686,000 (1) %() (2) Sales () $ Average operating assets Company B $788.200 $149,758 (a) $ Cod 1.9 % 0 105 Company C $5.435.000 0 %
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Answer rating: 100% (QA)
The solution is given in the table below Particulars Company A Company B Company C Sales 1372000 ... View the full answer
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
Posted Date:
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