Required information Chapter 10: Applying Excel [LO10-1, LO10-2] The Chapter 10 Form worksheet is to be...

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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 4. Sales $ 44,000.000 5. Net operating income 6 Average operating assets 24 6,600,000 $ 11,000,000 7 Minumum required rate of return 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? 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 4. Sales $ 44,000.000 5. Net operating income 6 Average operating assets 24 6,600,000 $ 11,000,000 7 Minumum required rate of return 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?

Answer rating: 100% (QA)

A ROI 20 B Residual Income 4620000 Explanation Residual Income is the differ... View the full answer