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




Current Attempt in Progress Return on investment is often expressed as follows: Controllable margin Controllable margin Sales ROI X 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).) Company A Company B Company C Sales $1,620,000 $795,400 (a) $ Net operating (b) income $194,400 $167,034 $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).) Company A Company B Company C Sales $1,620,000 $795,400 (a) Net operating (b) $ income $194,400 $167,034 Average operating (c) to assets $810,000 $5,199,000 Profit (d) % % 0.5 % margin Assets (f) (g) turnover 3 Return on (h) % 2.1 % (i) % investment Residual (j) $ (K) $ (1) $ income
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