Question: 2. Missing data, ROI. The following excerpted data were taken from a report published by retailing industry: Red Company Blue Company White Company Sales P6,000,000

2. Missing data, ROI. The following excerpted data were taken from

2. Missing data, ROI. The following excerpted data were taken from a report published by retailing industry: Red Company Blue Company White Company Sales P6,000,000 P 4,800,000 P2 1,200,000 Net operating income 720,000 ? 3,000,000 ? Average operating assets 8,000,000 ? Return on sales (i.e., profit margin)? ? ? Assets turnover 3 ? 12% Return on investment ? Required: Compute for the missing information. 8%

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