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 $1,578,000 $205,140 operating (c) $ assets $789,000 Profit (d) % (e) margin Assets (f) (g) turnover Return on (h) investment Residual (j) $ income % (k) $ Company B Company C $692,500 (a) $ (b) $ $131,575 % 1.9 % (i) (1) $ $4,808,000 0.5 % 3 %

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 $1,578,000 $205,140 operating (c) $ assets $789,000 Profit (d) % (e) margin Assets (f) (g) turnover Return on (h) investment Residual (j) $ income % (k) $ Company B Company C $692,500 (a) $ (b) $ $131,575 % 1.9 % (i) (1) $ $4,808,000 0.5 % 3 %

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 16E

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