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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 missing
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.)
Company A B Sales $ 470,000 $ $ 650,000 780,000 50,000 $ $ 151,000 164,000 16 % 21% % Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount 15 % % 11% 46,000 Residual income $ 7,000Step by Step Solution
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