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sales 15,000,000 net operating income 1,350,000 average operating income 3,000,000 minimum requirement rate of return 26% Revise the data in your worksheet as follows: If
sales 15,000,000 net operating income 1,350,000 average operating income 3,000,000 minimum requirement rate of return 26%
Revise the data in your worksheet as follows: If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? b. What is the residual income? (Negative amount should be indicated by a minus sign.) c. Why is the residual income positive
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