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Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2] A family friend has asked your help in analyzing the operations of three
Exercise 11-9 Return on Investment (ROI) and Residual Income Relations [LO11-1, LO11-2] 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) Company S 820,000 49.000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return $ 420,000 590,000 165,000 142,000 2396 20 96 Percentage 15% 131% Dollar amount 50,000 Residual income 6,000
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