Question
a. Firm D has net income of $23,800, sales of $870,000, and average total assets of $550,000. Calculate the firm's margin, turnover, and ROI. (
a. Firm D has net income of $23,800, sales of $870,000, and average total assets of $550,000. Calculate the firm's margin, turnover, and ROI. (Do not round intermediate calculations. Round your answers to 1 decimal place.)
Margin | % | |
Turnover | ||
ROI | % |
b. Firm E has net income of $85,000, sales of $1,300,000, and ROI of 15%. Calculate the firm's turnover and average total assets. (Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place.)
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c. Firm F has ROI of 12.6%, average total assets of $1,748,400, and turnover of 1.7. Calculate the firm's sales, margin, and net income. (Do not round intermediate calculations. Round "Margin" answer to 1 decimal place.)
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