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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.) 9,000,000 Company 7,000,000 280,000 $ $ 4,500,000 $ $ $ $ 1,800,000 3,000,000 - 18 % 14 % Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income 16 % 15 % $ 320,000 $ 90,000
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