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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 and other amounts to whole dollars.) Sales Net operating income Average operating assets Return on investment (ROI) A Company B C $ 360,000 $ 830,000 $ 560,000 $ 53,000 164,000 $ 145,000 24 % 16 % % Minimum required rate of return: Percentage 14 % % 11 % Dollar amount $ 58,000 Residual income $ EA 8,000
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