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A family friend has asked for your help in analyzing the operations of three anonymous companies. Supply the missing data in the tabulation below: (Negative
A family friend has asked for your help in analyzing the operations of three anonymous companies.
Supply the missing data in the tabulation below: (Negative amounts should be indicated with a minus sign.)
$ 10,970,000 Company B $ 7,500,000 204,000 $ 9,200,000 $ 4,220,000 16% $ 6,800,000 18 % 12 % Sales Net operating income Average operating assets Return on investment Minimum required rate of return: Percentage Dollar amount Residual income (loss) 15 % % % 238,000 $ 204,000
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