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:

If your formulas are correct, you should get the correct answers to the following questions.

a. What is the ROI?

b. What is the residual income? (Negative amount should be indicated by a minus sign.)

c. Why is the residual income positive?

Required information The Chapter 11 Form worksheet Is to be used to create your own worksheet verslon of the Review Problem example In the text Requirement 2 Revise the data In your worksheet as follows: A 1 Chapter 11: Applying Excel 2 Data 3 S 28,000,000 S 2,800,000 S 7,000,000 Sales 4 Net operating income 5 Average operating assets 6 Minumum required rate of returm 19% 7