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Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help in analyzing the operations of three
Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] 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.) ompany $390,000 $ 610,000 610,000 $840,000 $44,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return $150,000 $155,000 20 % 21 | % Percentage 151% 11% Dollar amount $46,000 Residual income 4,000
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