Question
Required: a. Firm A has a margin of 12% , sales of $540,000 , and ROI of 19% . Calculate the firm's average total assets.
Required:\ a. Firm A has a margin of
12%
, sales of
$540,000
, and ROI of
19%
. Calculate the firm's average total assets.\ b. Firm B has net income of
$78,000
, asset turnover of 1.30 , and average total assets of
$920,000
. Calculate the firm's sales, margin, and ROI.\ c. Firm C has net income of
$136,000
, asset turnover of 1.91 , and
ROI
of
23.20%
. Calculate the firm's margin, sales, and average total assets.\ Complete this question by entering your answers in the tabs below.\ Required
A
\ Firm A has a margin of
12%
, sales of
$540,000
, and ROI of
19%
. Calculate the firm's average total assets.\ Note: Round your intermediate calculation to 1 decimal place.\ Average total assets
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