Required: a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net income.
Required: a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net income.
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.3MBA
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