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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.) Company Sales Net operating income Average operating assets Return on investment (ROI) $ 9,300,000 $ 7,500,000 $ 315,000 $ 4,950,000 $ 3,100,000 $ 1,980,000 17 % 14 % % Minimum required rate of return: Percentage 15 % % 15 % ces Dollar amount Residual income $ 360,000 $ 99,000
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