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17 February, 16:08

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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Answers (1)
  1. 17 February, 16:34
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    Margin=Net operating income/Sales

    turnover=Sales/Average operating assets

    ROI=Net operating income/Average operating assets

    A B C

    Sales 600,000 500,000 2,000,000

    Net operating income 84000 70000 70,000

    Average operating assets 300,000 1,000,000 1,000,000

    Margin 14% 14% 3.5%

    Turnover 2 0.5 2

    ROI 28% 7% 7%
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