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Exercise 11-9 Return on Investment (ROI) and Residual Income Rela A family friend has asked your help in analyzing the operations of three anonym companies
Exercise 11-9 Return on Investment (ROI) and Residual Income Rela A family friend has asked your help in analyzing the operations of three anonym companies operating in the same service sector industry. Supply the missing data in table below: (Loss amounts should be indicated by a minus sign.) Company $ 450,000 B 820,000 54,000 $ $ $ 570,000 $ $ 149,000 154,000 17% 18 % Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return; Percentage Dollar amount Residual income 13 % 11 % $ 52,000 | $ 6,000
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