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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. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return Percentage Dollar amount Residual income Company A $ 460,000 $ Company B 690,000 Company C $ 640,000 $ 50,000 S 150,000 21 % $ 145,000 16 % % 15 % % 12 % $ 47,000 $ 5,000
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