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Problem 10-17 (Algo) 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 "Turnover" and "ROI" answers to 2 decimal places.)
Sales
Net operating income
Average operating assets
Margin
Turnover
Return on investment (ROI)
Company A
3,216,000
$
$
514,560
$ 2,010,000
%
%
Company B
$ 1,920,000
$ 288,000
%
9.00 %
Company C
$ 2,970,000
7%
2.20
%