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How can I figure out the 2017 net margin and return on equity when I only have percentages from the past two years to work
How can I figure out the 2017 net margin and return on equity when I only have percentages from the past two years to work with? [For 2017, my net income is $83,642.39, my gross revenue is $370,875]
2017 | 2016 | 2015 | Industry Standard | |
Quick Ratio | 1.84 | 2.2 | 2.8 | 1.75 |
Gross Margin | 0.59 | 0.55 | 0.7 | 0.7 |
Net Margin | 0.22 | 0.32 | 0.24 | |
Return on Equity | 0.9 | 0.78 | 0.8 |
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