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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.) 10,480,000 Company $ 6,600,000 260,000 Sales $9,000,000 4,150,000 17 % 6,800,000 1 21% 13 % Net operating income Average operating assets Return on investment Minimum required rate of return: Percentage Dollar amount Residual income (loss) 16 % 400,000 204,000
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