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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.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company B $ 9,330,000 $ 7,550,000 $ 317,000 $ 4,995,000 $ 3,110,000 $ 1,998,000 18 % 10 % % 16 % % 10 % $ 380,400 $ 99,900
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