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.)
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Home » Business » 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.