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Use the following information to answer multiple choice questions 5 to 7 A Billiard Co. has the following financial data: Income Statement for the year

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Use the following information to answer multiple choice questions 5 to 7 A Billiard Co. has the following financial data: Income Statement for the year ending 2017 Revenue Total COGS Gross Margin Total Expenses Operating Margin Tax Net Earnings 6,874,000 3,800,000 3,074,000 910,000 2,164,000 432,800 1,731,200 Balance Sheet Total Assets Total Liabilities Total Shareholder's Equity 2017 1,440,000 790,000 650,000 2016 1,250,000 810,000 440,000 5. Given the financial information for Billiard Co. above, what was Billiard Co's Return on Investment (ROI) for 2017 a. 128.7% b. 120.2% c. 20.2% d. 28.7% e. None of the above 6. Given the financial information for Billiard Co. above, what was Billiard Co's Residual Income (RI) for 2017 if the minimum rate of return is 25% a. $1,345,000 b. $1,394,950 C. $1,108,000 d. $1,112,650 e. None of the above 7. Given the financial information for Billiard Co. above, Billiard Co. is becoming a. Less Solvent b. More Solvent c. More Profitable d. Less Profitable e. None of the above

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