The Excel worksheet form is to be used to create your own worksheet version of t

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The Excel worksheet form is to be used to create your own worksheet version of the example in the text on page 439–440. Managerial acc

The Excel worksheet form is to be used to create your own worksheet version of the example in the text on page 439–440. Managerial acc

0.00 points Requirement 2: Revise the data in your worksheet as follows: 1Chapter 9: Applying Exce 3 Data 4 Sales 5 Net operating income 6 Average operating assets 7 Minumum required rate of return $65,000,000 $9,750,000 $13,000,000 14% If your formulas are correct, you should get the correct answers to the following questions a. What is the ROI? ROI

Explanation / Answer

a) ROI net operating income/average operating assets 9,750,000/13,000,000 75.00% b) Residual income net operating income -(Average operating assets*Min rate of return) 9,750,000 - (13,000,000*14%) 7930000 c) it is positive beacuase it created shareholder wealth

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