Comparative data on three companies in the same service industry are given below:
Companies in the Same Industry
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? times? times 2.00 times
Return on investment (ROI) ?% 7%?%
Required:
Fill in the missing information. (Round the "Margin" answers to 1 decimal place and "Turnover" answers to 2 decimal places.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Comparative data on three companies in the same service industry are given below: Companies in the Same Industry A B C Sales $600,000 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Tony, age 15, is claimed as a dependent by his grandmother. During 2019, he had interest income from Boeing Corporation bonds of $1,000 and earnings from a part-time job of $800. Tony's taxable income is: a.$1,800. b.$1,800 - $1,100 = $700. c.
Answers (1)
E8.14 (LO 4), AP Eileen Corp. had the following balances in receivable accounts at October 31, 2022 (in thousands) : Allowance for Doubtful Accounts $52, Accounts Receivable $2,910, Other Receivables $189, and Notes Receivable $1,353.
Answers (1)
Read the sentences. i was so excited for school to end and for summer vacation to begin. my grandpa and i were going to begin building a new fence around my backyard. i was really looking forward to spending the time with my grandpa.
Answers (1)
Octavia has received an email from a customer asking her a question about a product unfortunately Octavia doesn't know the answer however she has a team meeting in two days time where she might be able to learn the answer to this customer's question
Answers (1)
Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel lcd tv sales.
Answers (1)
New Questions in Business
The Is financial statements detailing a firm assets liabilities and owners equality
Answers (1)
How does the law of supply and demand operate?
Answers (1)
Bob's Lottery Inc. has decided to offer winners a choice of $195,000 in 10 years or some amount currently. Assume that Bob's Lottery Inc. earns a 7 percent after-tax rate of return.
Answers (1)
How does efficient frontier analysis (EFA) differ from other forms of complex risk assessment techniques? What limitations might an analyst encounter through the use of EFA?
Answers (1)
LO 2.2Which of the following would not be classified as manufacturing overhead? indirect materials indirect labor direct labor property taxes on factory
Answers (1)