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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 A B C $ 9,510,000 $ 7,850,000 $ 5,265,000 $ 333,000 $ 3,170,000 $ 2,106,000 13 % 12 % % 11 % % 17 % $ 388,500 $ 105,300
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