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 places.)   A B C Sales $5,267,000 $1,630,000   Net Operaring Income $737,380 $260,800   Average operating assets $2,290,000   $2,570,000 Margin     6% Turnover     1.60 Return on Investment (ROI)   8%

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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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 places.)

  A B C
Sales $5,267,000 $1,630,000  
Net Operaring Income $737,380 $260,800  
Average operating assets $2,290,000   $2,570,000
Margin     6%
Turnover     1.60
Return on Investment (ROI)   8%  
       
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