2 Check Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income...
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Check Exercise 11-9 (Algo) Return on Investment (ROI) and Residual Income Relations (L011-1, LO11-2] 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.) Company $ 9.180,000 $ 4.770,000 $ 7,300,000 $ 296.000 $ 1.908,000 $ 3,060,000 13% 10% % Sales Not operating income Average operating assets Return on investment (ROI) Minimum required rate of retum Percentage Dollar amount Residual income 11% % 16 % $ 355,200 $ 95,400
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