Question: Current Attempt in Progress Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI = Average operating assets Sales Average operating

Current Attempt in Progress Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI = Average operating assets Sales Average operating assets (b1) 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, e.g. 15.2 or 15.2% and all other answers to O decimal places, e.g. 152. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sales Net operating income Average Company A $1,494,000 $164,340 operating (c) assets $747,000 $ Profit (d) % (e) margin Assets (f) turnover Return on (h) % investment Residual (j) (k) income $ Company B $724,100 (a) $ (b) $159,302 $ % 2.2 % (i) (1) $

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