For the year ended December 31,2022, Settles Incorporated earned an ROI of 8.8%. Sales for...
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Accounting
For the year ended December Settles Incorporated earned an ROI of Sales for the year were $ million, and average asset turnover was Average stockholders' equity was $ million.
Required:
a Calculate Settles Incorporated's margin and net income.
Note: Round "Margin" answer to decimal place. Enter the net income answer in dollars, ie $ million should be entered as
b Calculate Settles Incorporated's return on equity.
Note: Round your answer to decimal place.
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