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Mini-Exercise 11-5 (Algo) Calculate margin, turnover, ROI, and ROE The following information was available for the year ended December 31, 2022: Sales Net income
Mini-Exercise 11-5 (Algo) Calculate margin, turnover, ROI, and ROE The following information was available for the year ended December 31, 2022: Sales Net income Average total assets Average total stockholders' equity Required: $ 580,000 82,820 880,000 395,000 a. Calculate margin, turnover, and ROI for the year ended December 31, 2022. b. Calculate ROE for the year ended December 31, 2022. Complete this question by entering your answers in the tabs below. Required A Required B Calculate margin, turnover, and ROI for the year ended December 31, 2022. Note: Round your intermediate calculations to 2 decimal places. Round your percentage answers to 2 decimal place (i.e., 0.1234 should be entered as 12.34). Round "Turnover" to 2 decimal place. Margin Turnover ROI % times %
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