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A family friend has asked for your help in analyzing the operations of three anonymous companies. Required: Supply the missing data in the tabulation below:
A family friend has asked for your help in analyzing the operations of three anonymous companies. Required: Supply the missing data in the tabulation below: (Negative amounts should be indicated with a minus sign.) Company A B C Sales $ 10,810,000 $ 6,500,000 $ 9,100,000 Net operating income S 216,000 Average operating assets $ 4,130,000 $ 6,000,000 Return on investment 19 % 12 % 18 % Minimum required rate of return: Percentage 15 1% Dollar amount 360,000 Residual income (loss) $ 180,000
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