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Chapter 10: Applying Excel Data begin{tabular}{|l|r|} hline Sales & $25,000,000 hline Net operating income & $3,000,000 hline Average operating assets & $10,000,000

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Chapter 10: Applying Excel Data \begin{tabular}{|l|r|} \hline Sales & $25,000,000 \\ \hline Net operating income & $3,000,000 \\ \hline Average operating assets & $10,000,000 \\ \hline Minimum required rate of return & 25% \\ \hline \end{tabular} Enter a formula into each of the cells marked with a ? below Review Problem: Return on Investment (ROI) and Residual Income Compute the ROI \begin{tabular}{lr|} \hline Margin & 12% \\ \hline Turnover & 2.5 \\ \hline ROI & 5% \\ \hline \end{tabular} Compute the residual income Average operating assets Net operating income Minimum required return Residual income

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