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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: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Company B Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income A C $ 9,030,000 $ 7,050,000 $ 282,000 $ 4,545,000 $ 3,010,000 $ 1,818,000 19 % 10 % % 17 % % 10 % $ 338,400 EA 90,900
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