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show answers with formula please D E F G B 1 Chapter 11: Applying Excel 2 3 Data 4 Sales $70,000,000 5 Not operating income

show answers with formula please
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D E F G B 1 Chapter 11: Applying Excel 2 3 Data 4 Sales $70,000,000 5 Not operating income $3,500,000 6 Average operating assets $14,000,000 7 Minimum required rate of retum 189 8 9 Enter a formula into each of the colls marked with a 7 below 10 Review Problem: Return on Investment (ROI) and Residual Income 11 12 Compute the ROI 13 Margin ? 14 Tumover ? 15 ROI ? 16 17 Compute the residual income 18 Average operating assets ? 19 Net operating Income ? 20 Minimum required retum ? 21 Residual income ? 22 25 26 27 19 30 12 Required information The Chapter 11 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. Verify that your worksheet matches the Review Problem in the text. Check your worksheet by changing the average operating assets in cell B6 to $9,000,000. The ROI should now be 33% and the residual income should now be $750,000. If you do not get these answers, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save. You will use this worksheet to answer the questions in Part 2 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.) Residual income c. Why is the residual income positive

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