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The following are all several parts of one question. Use the table above to answer. a. What is the ROI? b. What is the residual

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The following are all several parts of one question. Use the table above to answer.

a. What is the ROI?

b. What is the residual income?

c. Why is the residual income positive?

1 Chapter 11: Applying Excel 2 3 Data 4 Sales 5 Net operating income 6 Average operating assets 7 Minumum required rate of return $ 12,000,000 $ 1,440,000 $ 4,000,000 24%

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