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Please show me step by step this problem. Problem 10-17 Comparison of Performance Using Return...

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Accounting

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Problem 10-17 Comparison of Performance Using Return on Investment (ROI) [LO10-1]

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

Required:

2. Fill in the missing information. (Round the "Margin" answers to 1 decimal place and "Turnover" answers to 2 decimal places.)

Company
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 2.00
Return on investment (ROI) % 7 % %

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