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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 C Sales $ 10,690,000 $ 8,900,000 $ 6,800,000 $ 221,000 Net operating income Average operating assets $ 4,130,000 $ 6,800,000 22 % Return on investment 16 % 13 % Minimum required rate of return: Percentage 15 % % % Dollar amount $ 306,000 Residual income (loss) $ 204,000
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