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Required: a. Calculate net income, margin, and sales required for Mindspin Labs to achieve its target ROI as a manufacturing firm, b. Assume that the

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Required: a. Calculate net income, margin, and sales required for Mindspin Labs to achieve its target ROI as a manufacturing firm, b. Assume that the average margin of maintenance service firms is 3.10%, and that the average ROI for such firms is also 17% Calculate the net income, sales, and total asset turnover that Mindspin Labs will have if the change to services is made and the firm is able to earn an average margin and achieve an 17% ROI. Complete this question by entering your answers in the tabs below. Required A Required Assume that the average margin of maintenance service firms is 3.10%, and that the average Rol for such firms is also 17%. Calculate the net income, sales, and total asset turnover that Mindspin Labs will have if the change to services is made and the firm is able to earn an average margin and achieve an 17% ROI. (Enter your "Sales" and "Net Income answers in millions (te, 10,000,000 should be entered as 10). Do not round intermediate calculations, Round your answers to 2 decimal places.) Show less Net income Sales Turnover million million

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