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Calculate margin, net income, and ROE For the year ended December 31, 2022, Settles Inc. earned an ROI of 12.6%. Sales for the year were

Calculate margin, net income, and ROE For the year ended December 31, 2022, Settles Inc. earned an ROI of 12.6%. Sales for the year were $120 million, and average asset turnover was 2.8 . Average stockholders' equity was $25 million. Required: a. Calculate Settles Inc.'s margin and net income. b. Calculate Settles Inc.'s return on equity

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