Managerial accounting, fill-in values or the highlighted blanks
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sectorindustry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentageanswers to nearest whole percent and other amounts to whole dollars.)CompanyABCSales$480,000740,000$600,000Net operating income$54,000Average operating assets$158,000$156,000Return on investment (ROI)23 %19%%Minimum required rate of return:Percentage16 %%11 %Dollar amount$48,000Residual income$4,000
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