ME9 Problem: ROI & RI – Three Companies
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ME9 Problem: ROI & RI – Three Companies
The following partial information is available for three companies:CompanyICompanyIICompanyIIISales $1,185,000$3,690,000 Net income $159,975$571,950Average assets employed $4,500,000 Net income % (% of sales) 6.8%Investment turnover 1.5Return on investment 4.0% 8.0%Required:1. Fill in the empty boxes
- 9 years ago
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