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Pali Company has compiled the following data EEB (Click the icon to view the data.) Calculate the following amounts for Pali Net sales Operating income
Pali Company has compiled the following data EEB (Click the icon to view the data.) Calculate the following amounts for Pali Net sales Operating income Average total assets Management's target rate of return $ 2,000,000 200,000 500,000 14% 20. Profit margin ratico 21. Asset turnover ratio 22. Return on investment 23. Residual income 20. Calculate the profit margin ratio Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate the company's profit margin ratio - Profit margin ratio 21. Calculate the asset turnover ratio Begin by selecting the formula to calculate the asset turnover, and then enter the amounts to calculate the company's asset tumover. (Round your answer to one decimal place, X.X.) Asset turnover ratio 22. Calculate the return on investment, Begin by selecting the formula to calculate return on investment, and then enter the amounts to calculate the company's return on investment. (Enter your answer as a percent rounded to one decimal place, X.X%) Return on investment 23. Calculate the residual income First, select the formula to calculate residual income )Residual income The residual income for the Pali Company is $
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