Data on three unrelated companies are given in the following table. (Click the icon to...
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Accounting
Data on three unrelated companies are given in the following table. (Click the icon to view the table.) Fill in the missing information in the preceding table. (Enter the capital turnover to two decimal places X.XX.) Alston, Inc. Data Table Sales $ 102,000 35,700 Operating income $ Total assets $ 85,000 Gammaro Company Johnson Industries Alston, Inc. Sales margin % Sales $ 102,000 ? $ 484,000 Operating income. $ 35,700 $ 117,000 ? Capital turnover. Return on investment (ROI) % Total assets.. $ 85,000 ? ? Target rate of return... 11 % Sales margin.. ? 15% 10% Residual income ? 5.20 ? Capital turnover Return on investment (ROI) Target rate of return ? ? 22% 11% 22% ? Residual income (RI) ? ? $ 4,400
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