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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.) Sales Company AB BC $ 350,000 $ 800,000 $ 610,000 $ 55,000 $ 156,000 $ 160,000 16% 19% Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income 10 % 12 % | $ 50,000 $ 7,000
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