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Exercise 11.9 Return?n Investment (ROI) and Residual Income Relations L011-1, LO11-21 A family friend has asked your help in analyzing the operations of three anonymous
Exercise 11.9 Return?n Investment (ROI) and Residual Income Relations L011-1, LO11-21 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 S 370,000 S 690,000 51,000 S 540,000 Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: $ 162,000 S 149,000 25 % 15% 171% 141% Percentage Dollar amount 60,000 Residual income 4,000
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