httpsnewconnectmheducation commowconnecthtml 11 Graded Exerc

https://newconnect.mheducation commow/connect.html 11 Graded Exercises Saved Help Save & Exit Submit Check my work A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company ok Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: S 390,000S $ 730,000 s 50,000 690,000 S 153,000 $ 153,000 21% 151% 141% 121% Dollar amount S 53,000 Residual income

Solution

A B C Sales 390000 730000 690000 Net Operating Income 32130 50000 25360 Average Operating Assets 153000 333333 153000 ROI 21% 15% 17% ROI\'Minimum Required rate of return Percentage 14% 16% 12% Dollar Amount 21420 53000 18360 Residual income 10710 -3000 7000 A Net Operating Income =ROI*Operating Asset =153000*21% 32130 Minimum ROI Dollar Amount =14%*153000 21420 Residual income=Net Operating Income-Dollar Amount =32130-21420 10710 B Average Operating Asset =Net operating Income/ROI =50000/.15 333333 ROI Minimum Required rate of return =53000/33333 16% Residual income =Net Operating Income-Dollar Amount =50000-53000 -3000 C Minimum ROI Dollar Amount=12%*153000 18360 ROI =Net income /Operating Assets =25360/153000 17% Net operating Income   25360