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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 and other amounts to whole dollars.) Company A Sales 320,000 S 840,000 $ 620,000 Net operating income Average operating assets $ 45,000 157,000 158,000 Return on investment (ROI) 15 % 20 % Minimum required rate of return 10 % 16 % % Percentage 48,000 Dollar amount 8,000 Residual income
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