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Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1]
Comparative data on three companies in the same service industry are given below:
Required:
2. Fill in the missing information. (Round the "Margin" answers to 1 decimal place and "Turnover" answers to 2 decimal places.)
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| | | | Company | | | A | B | C | | Sales | $600,000 | | $500,000 | | | | | Net operating income | $84,000 | | $70,000 | | | | | Average operating assets | $300,000 | | | | $1,000,000 | | | Margin | | % | | % | 3.5 | % | | Turnover | | | | | 2.00 | | | Return on investment (ROI) | | % | 7 | % | | % | |
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