Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required: a. Firm D has net Income of $70,905, sales of $1,222500, and average total assets of $815,000. Calculate the firm's margin, turnover, and ROI.
Required: a. Firm D has net Income of $70,905, sales of $1,222500, and average total assets of $815,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net Income of $126,144, sales of $1,728,000, and ROI of 8.76% Calculate the firm's turnover and average total assets. c. Firm F has ROI of 14.60%, average total assets of $1,760,000, and turnover of 0.8 . Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in the tabs below. Firm E has net income of $126,144, sales of $1,728,000, and ROI of 8.76%. Calculate the firm's turnover and average total assets. Note: Do not round intermediate calculations. Round 'Turnover' answer to 1 decimal place. Required: a. Firm D has net income of $70,905, sales of $1,222500, and average total assets of $815,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net Income of $126,144, sales of $1,728,000, and ROI of 8.76%. Calculate the firm's turnover and average total assets. c. Firm F has ROl of 14.60%, average total assets of $1,760,000, and turnover of 0.8 . Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in the tabs below. Firm D has net income of $70,905, sales of $1,222,500, and average total assets of $815,000. Calculate the firm's margin, turnover, and ROI. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Required: a. Firm D has net income of $70,905, sales of $1,222500, and average total assets of $815,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net Income of $126,144, sales of $1,728,000, and ROI of 8.76%. Calculate the firm's turnover and average total assets. c. Firm F has ROl of 14.60%, average total assets of $1,760,000, and turnover of 0.8 . Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in the tabs below. Firm F has ROI of 14.60%, average total assets of $1,760,000, and tumover of 0.8 . Calculate the firm's sales, margin, and net income. Note: Do not round intermediate calculations. Round 'Turnover' answer to 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started