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Required: a. Firm A has a margin of 14%, sales of $540,000, and ROI of 18%. Calculate the firm's average total assets. b. Firm B
Required: a. Firm A has a margin of 14%, sales of $540,000, and ROI of 18%. Calculate the firm's average total assets. b. Firm B has net income of $72,000, asset turnover of 1.40, and average total assets of $920,000. Calculate the firm's sales, margin, and ROI. c. Firm C has net income of $134,000, asset turnover of 1.81, and ROI of 23.40%. Calculate the firm's margin, sales, and average total assets. Complete this question by entering your answers in the tabs below. Firm A has a margin of 14%, sales of $540,000, and ROI of 18%. Calculate the firm's average total assets. Note: Round your intermediate calculation to 1 decimal place
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