Question: Please answer using excel formula and show formulas, please. Nm A B Chapter 11: Applying Excel 2 3 Data 4 Sales $25,000,000 5 Net operating

Please answer using excel formula and show formulas, please.

Nm A B Chapter 11: Applying Excel 2 3 Data 4 Sales $25,000,000 5 Net operating income $3,000,000 6 Average operating assets $10,000,000 7 Minimum required rate of retur 25% 8 9 Enter a formula into each of the cells marked with a ? 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 ? 72

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