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Myrtle Company has sales of $ 2 1 1 , 0 0 0 , cost of goods sold of $ 8 5 , 3 8
Myrtle Company has sales of $ cost of goods sold of $ operating expenses of $ average invested assets of $ and a hurdle rate of percent.
Calculate Myrtles return on investment and its residual income.
Note: Enter your ROI answer as a percentage rounded to two decimal places, ie should be entered as Round your Residual Income Loss answer to the nearest whole dollar.
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