Question: Chapter 11 Applying Excel (B)6 Saved Required information 10 The Chapter 11 Form worksheet is to be used to create your own worksheet version of

 Chapter 11 Applying Excel (B)6 Saved Required information 10 The Chapter

Chapter 11 Applying Excel (B)6 Saved Required information 10 The Chapter 11 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. points Requirement 2 eBook Revise the data in your worksheet as follows: Print A B Chapter 11: Applying Excel 1 Reference 2 Data 3 4 Sales 28,000,000 6Net operating income 4,200,000 Average operating assets 14,000,000 Minumum required rate of 22% If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? 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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