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Firm M has a margin of 10%, turnover of 1.6, sales of $850,000, and average stockholders' equity of $340,000. Required: Calculate Firm Ms average total
Firm M has a margin of 10%, turnover of 1.6, sales of $850,000, and average stockholders' equity of $340,000. Required: Calculate Firm Ms average total assets, net income, return on investment (ROI), and return on equity (ROE).
the choices to choose from for numerator and denominator: ( sales, turnover, margin, net income, average total assets, average stockholder equity)
AVERAGE TOTAL ASSETS
Choose numerator | choose denominator | average total assets | ||
/ | = | average total assets | ||
/ | = |
NET INCOME
Choose numerator | choose denominator | net income | ||
x | = | net income | ||
x | = |
RETURN ON INVESTMENT
Choose numerator | choose denominator | return on investment | ||
/ | = | return on investment | ||
/ | = |
RETURN ON EQUITY
choose numerator | choose denominator | return on equity | ||
/ | = | return on equity | ||
/ | = |
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