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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.) A Company B C Sales $ 9,420,000 $ 7,700,000 $ 5,130,000 Net operating income $ 326,000 Average operating assets $ 3,140,000 $ 2,052,000 Return on investment (ROI) 10 % 20 % % Minimum required rate of return: Percentage Dollar amount Residual income 8% % 13 % $ 293,400 $ EA 102,600
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