Comparative data on three companies in the same service industry are given below

Question

Comparative data on three companies in the same service industry are given below Required: 2. Fill in the missing information. (Do not round your intermediate calculations. Round your Turnover answers to 2 decimal places. Round your Margin and ROl percentage answers to 2 decimal places (ie, 0.1234 should be entered as 12.34).) Company Sales 1,890,000 $ 305,700 5,160,000 Net operating income 1,039.700 Average operating assets 2.950,000 Margin Turnover Return on investment ROI) 3,640,000 8.301% 3.70 %) 9.001%

Explanation / Answer

Company X Y Z Sales          5,160,000          1,890,000           13,468,000 Net operating income          1,039,700              305,700             1,117,844 Average operating assets          2,950,000          3,396,667             3,640,000 Margin 20.15% 16.17% 8.30% Turn over                     1.75                     0.56                        3.70 Return on investment 35.24% 9.00% 30.71% 305700/9% Margin = Net Operating Income / Sales Turnover = Sales / Average Operating Asset ROI =Margin * Turnover or Net operating income/ average operating assets

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