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 ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Company Sales Net operating income Average operating assets$2,800,000 Margin Turnover Return on investment (ROI) $5,010,000 $ 994,700 $1,830,000 $ 290,700 $3,520,000 8.00 % 3.40 8.70 %

Explanation / Answer

Margin=Net operating income/Sales

Turnover=Sales/Average operating assets

ROI=Net operating income/Average operating assets

X Y Z Sales 5010000 1830000 11,968,000 Net operating income 994700 290700 957,440 Average operating assets 2,800,000 3,341,379.31 3520000 Margin 19.85% 15.89% 8% Turnover 1.79 0.55 3.4 ROI 35.53% 8.7% 27.2%

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