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A Company has sales of $1,350,000, cost of goods sold of $770,000, other operating expenses of $183,000, average invested assets of $4,100,000, and a
A Company has sales of $1,350,000, cost of goods sold of $770,000, other operating expenses of $183,000, average invested assets of $4,100,000, and a hurdle rate of 11 percent. Required: Complete this question by entering your answers in the tabs below. Req 1A Req 1B Calculate ROI and residual income if the company sales and cost of goods sold increase by 5 percent. Note: Enter your ROI percentage answer to 2 decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amount should be indicated with a minus sign. Return on Investment Residual Income (Loss) % < Req 1A Req 1B >
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