Question: Required information Chapter 10: Applying Excel (LO10-1, LO10-2) The Chapter 10 Form worksheet is to be used to create your own worksheet version of the

Required information Chapter 10: Applying Excel (LO10-1, LO10-2) The Chapter 10 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Chapter 10: Applying Excel: Exercise (Part 2 of 2) Requirement 2: Revise the data in your worksheet as follows: A B 1 Chapter 10: Applying Excel 2 3 Data $ 44,000,000 4 Sales 5 Net operating income 6 Average operating assets 7 Minumum required rate of return $ 6,600,000 $ 11,000,000 18% 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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