a. Firm A has a margin of 11%, sales of $560,000, and ROI of 19%....
60.1K
Verified Solution
Link Copied!
Question
Accounting
image
a. Firm A has a margin of 11%, sales of $560,000, and ROI of 19%. Calculate the firm's average total assets. b. Firm B has net income of $72,000, turnover of 1.20 , and average total assets of $900,000 Calculate the firm's sales, margin, and ROI. c. Firm C has net jncome of $136.000, turnover of 2.01 , and ROI of 23.90%. Calculate the firm's margin, sales, and average total asset Complete this question by entering your answers in the tabs below. Firm B has net income of $72,000, turnover of 1.20 , and average total assets of $900,000. Calculate the firm's sales, margin, and ROI. (Round "Margin" and "ROI" answers to 1 decimal place.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
