a. Firm A has a margin of 8%, sales of $630,000, and ROI of 16.8%. Calculate the
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a. Firm A has a margin of 8%, sales of $630,000, and ROI of 16.8%. Calculate the firm's average total assets.
b. Firm B has net income of $246,400, turnover of 1.1, and average total assets of $1,600,000. Calculate the firm's sales, margin, and ROI. Round your percentage answer to one decimal place.
c. Firm C has net income of $43,500, turnover of 2.9, and ROI of 23.2%. Calculate the firm's margin, sales, and average total assets. Round your percentage answer to one decimal place.
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Related Book For 
Accounting What the Numbers Mean
ISBN: 978-1259535314
11th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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