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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.) C A 340,000 Company B 780,000 54,000 $ $ 570,000 $ $ $ $ 157,000 158,000 20% 20 % % Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return Percentage Dollar amount Residual income 14% % 12% $ 45,000 $ 6,000
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