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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. A Company B Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ 9,360,000 $ 7,600,000 $ 5,040,000 $ 321,000 $ 3,120,000 $ 2,016,000 19 % 12 % % 17 % % 11 % $ 374,500 $ 100,800
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