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Ch11 Applying Excel for accounting. please help. Please label each answer with the corresponding letter please, i would appreciate it much. Revise the data in

Ch11 Applying Excel for accounting. please help. Please label each answer with the corresponding letter please, i would appreciate it much.

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Revise the data in your worksheet as follows: X Exit full screen AB Chapter 11: Applying Excel 1 3 4 5 6 7 Data Sales Net operating income Average operating assets Minumum required rate of return $ 34,000,000 $ 4,420,000 $ 17,000,000 21% If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? ROI b. What is the residual income? (Negative amount should be indicated by a minus sign.) Residual income of 1 Next > X Exit full screen b. What is the residual income? (Negative amount should be indicated by a minus sign.) Residual income c. Why is the residual income positive? De 1 of 1 : Next >

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