Question
Firm C has net income of $136,000, turnover of 1.91, and ROI of 24.0%. Calculate the firm's margin, sales, and average total assets. Margin is
Firm C has net income of $136,000, turnover of 1.91, and ROI of 24.0%. Calculate the firm's margin, sales, and average total assets.
Margin is 12.6%
How to calculate sales and average total assets from information given?
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Auditing Principles And Techniques
Authors: Sanjib Kumar Basu, Andrei Alexandrescu
1st Edition
8177581783, 9788177581782
