Question: Problem 10-17 (Algo) Comparison of Performance Using Return on Inves (ROI) [LO10-1] Comparative data on three companies in the same service industry are given
Problem 10-17 (Algo) Comparison of Performance Using Return on Inves (ROI) [LO10-1] Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal plac Company A Company B Company C Sales $ 5,616,000 $ 1,605,000 Net operating income $ 898,560 $ 240,750 Average operating assets $ 2,340,000 Margin % Turnover Return on investment (ROI) $ 2,510,000 % 6% 1.70 % 7.50 % 76 %
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