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Performance E X E10-21A Relationship...

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Accounting

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Performance E X E10-21A Relationship between ROI and residual income (Learning Objective 3) Data on three unrelated companies are given in the following table. Georgeville, Inc. $117,000 Blue Hat Industries $520,000 Bayside Company Operating income..$35,100 Total Sales m Capital turnover.... Return on investment (ROI).. Target rate of return . Residual income (RI) $164,000 $ 90,000 8% 4.10 20% 9% 21% $ 4,160 Requirement Fill in the missing information in the preceding table. E10-22A Compute ROI and residual income (Learning Objective 3) Results from Elite Corporation's most recent year of operations are presented in the following table

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