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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.) Company C Sales $ 9,240,000 Net operating income $ 7,400,000 $ 4,860,000 $ 306,000 Average operating assets $ 3,080,000 $ 1,944,000 Return on investment (ROI) 15 % 18 % % Minimum required rate of return: Percentage Dollar amount Residual income 13 % % 18 % $ 340,000 $ 97,200
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