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A. A A24 x f 3,000,000 x 25,000,000 6 Data 7 Sales $25,000,000 8 Net operating income 9 Average operating assets $3,000,000 10 Minimum required

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A. A A24 x f 3,000,000 x 25,000,000 6 Data 7 Sales $25,000,000 8 Net operating income 9 Average operating assets $3,000,000 10 Minimum required rate of return S10,000,000 25% 12 Enter a formula into each of the cells marked with a below 13 Review Problem: Return on investment (ROI) and Residual income 14 15 Compute the Rol 16 Margin 17 Turnover 18 ROI Net operating imcome X sales Notes: 23 1) Calculate ROI based on the Data above first. 25 2) Change the Average operating assets to S8,000,000 and comment 26 below on the change in ROI with the lower operating assets. 28 3) Now change sales to $15,000,000 with other Data presented in Note 1 above as shown. Chapter 22 Form

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