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Ames Co provides you the following financial information for 2020 and 2021 : The company paid dividends of $35,000 in 2021. The Company's minimum required
Ames Co provides you the following financial information for 2020 and 2021 : The company paid dividends of $35,000 in 2021. The Company's minimum required rate of return is 13.5%. Required A: Compute the Company's Average Operating Assets. Show all work to receive any credit. Required B: Compute the Company's margin, turnover and return on investment (ROI) ratios for 2021. Show all work to receive any credit. Margin: Turnover: Return on Investment: Required C: Compute the Company's 2021 Residual Income. Show all work to receive any credit
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