Questions with "?" need formulas.

Required information The Chapter 11 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Requirement 2: Revise the data in your worksheet as follows: 1 Chapter 11: Applying Excel Data Sales Net operating income Average operating assets Minumum required rate of return $ $ $ 26,000,000 2,600,000 13,000,000 16% If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? ROI s prey of Ne Screenshot b. What is the residual income? (Negative amount should be indicated by a minus sign.) Residual income c. Why is the residual income positive? e prey of Ne Screenshot Chapter 11 Applying Excel (B) 0 Saved Required information 1 Chapter 11: Applying Excel points 3 4 eBook 5 Data Sales Net operating income Average operating assets Minumum required rate of return $ 28,000,000 $ 4,200,000 $ 14,000,000 22% Print References 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