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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 B $ 6,600,000 $ 260.000 $ 10,590,000 $ 9,200,000 $ 4,200,000 19% $ 6,600,000 17% 13 % Sales Net operating income Average operating assets Return on investment Minimum required rate of return: Percentage Dollar amount Residual income (loss) 14 % % % $ 400.000 $ 198,000
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