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Firm M has a margin of 7%, turnover of 1.5, sales of $990,000, and average stockholders' equity of $450,000. Required: Calculate Firm M's average total
Firm M has a margin of 7%, turnover of 1.5, sales of $990,000, and average stockholders' equity of $450,000. Required: Calculate Firm M's average total assets, net income, return on investment (ROI), and return on equity (ROE). Average Total Assets Choose Numerator: Choose Denominator: Choose Factors: x Average Total Assets = Average Total Assets Net Income Choose Factors: Net Income Net Income 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 = Firm M has a margin of 7%, turnover of 1.5, sales of $990,000, and average stockholders' equity of $450,000. Required: Calculate Firm M's average total assets, net income, return on investment (ROI), and return on equity (ROE). Average Total Assets Choose Numerator: Choose Denominator: 1 1 Average stockholders' equity Margin Choose Factors: Net income Sales Turnover Return on Investment Choose Numerator: Choose Denominator: Average Total Assets Average Total Assets Net Income Net Income Return on Investment = Return on Investment = Return on Equity Choose Numerator: Choose Denominator: Return on Equity 1 = Return on Equity =
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