for the year ending december 31 2019, settles inc. eanred an ROI of 8.8%. Sales for the year were 16 million and average asset turnover was 2.1. Average stockholder equity was 2.7 million.  a. calculate settles margin and net inccome  b. calculate settles return on equity

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Chapter15: Capital Investment Analysis
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for the year ending december 31 2019, settles inc. eanred an ROI of 8.8%. Sales for the year were 16 million and average asset turnover was 2.1. Average stockholder equity was 2.7 million. 

a. calculate settles margin and net inccome 

b. calculate settles return on equity

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