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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.) Company A 360,000 $ $ 690,000 $ $ 660,000 38,000 $ $ 157,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return; Percentage Dollar amount 155,000 20% 19 % 13 % % 14% $ 40,000 Residual income $ 4,000
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