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For the year ended December 31, 2013, Ebanks, Inc., earned an ROI of 12%. Sales for the year were $150 million, and average asset turnover
For the year ended December 31, 2013, Ebanks, Inc., earned an ROI of 12%. Sales for the year were $150 million, and average asset turnover was 2.5. Average stockholders equity was $50 million.
Calculate Ebanks, Inc.s margin and net income. (Round your "margin" answer to 1 decimal place (i.e., 32.1).) |
Calculate Ebanks, Inc.s return on equity. (Round your answer to 1 decimal place. (i.e., 32.1)) |
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