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6 7.14 points Skipped Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help
6 7.14 points Skipped Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector Industry. Supply the missing data in the table below. (Loss amounts should be indicated by a minus sign. Do not round your Intermediate calculations.) Sales Net operating income eBook Average operating assets Return on investment (ROI) Print Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 450,000 S 690,000 $ 620,000 S 51,000 $ 170,000 $ 158,000 17 % 16 % % 16% % 12% S 45,000 $ 5,000
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