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A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent.) A Company B C Sales Net operating income Average operating assets Return on investment (ROI) $ 9,120,000 $ 7,200,000 $ 4,680,000 $ 290,000 $ 3,040,000 $ 1,872,000 11 % 20 % % Minimum required rate of return: Percentage Dollar amount Residual income 9% % 13 % $ 261,000 $ 93,600
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