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Download the Applying Excel form and enter formulas in all cells that contain question marks. Verify that your worksheet matches the Review Problem in the

Download the Applying Excel form and enter formulas in all cells that contain question marks.
Verify that your worksheet matches the Review Problem in the text.

Check your worksheet by changing the average operating assets in cell B6 to $9,000,000. The ROI should now be 33% and the residual income should now be $750,000. If you do not get these answers, find the errors in your worksheet and correct them.

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