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Firm B has net income of $74,000, asset turnover of 1.30 , and average total assets of $940,000. Calculate the firm's sales, margin, and ROI.
Firm B has net income of $74,000, asset turnover of 1.30 , and average total assets of $940,000. Calculate the firm's sales, margin, and ROI. Note: Round "Margin" and "ROI" answers to 1 decimal place. Firm C has net income of $134,000, asset turnover of 1.91 , and ROI of 23.20%. Calculate the firm's margin, sales, and average total assets. Note: Round "Margin" answer to 1 decimal place and use the rounded answer for the subsequent computations. Exercise 3-13 (Algo) ROI analysis using the DuPont model LO 3-3 Required: a. Firm A has a margin of 13%, sales of $510,000, and RO o of 17%. Calculate the firm's average total assets. b. Firm B has net income of $74,000, asset turnover of 1.30 , and average total assets of $940,000. Calculate the firm's sales, margin, and ROI. c. Firm C has net income of $134,000, asset turnover of 1.91 , and ROI of 23.20%. Calculate the firm's margin, sales, and average total assets. Complete this question by entering your answers in the tabs below. Firm A has a margin of 13%, sales of $510,000, and ROI of 17%. Calculate the firm's average total assets. Note: Round your intermediate calculation to 1 decimal place
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