Required: a. Firm A has a margin of 11%, sales of $560,000, and ROI of...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Required: 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 income of $136,000, turnover of 2.01, and ROI of 23.90%. Calculate the firm's margin, sales, and average total assets. Complete this question by entering your answers in the tabs below. Required A Required B Required C Firm C has net income of $136,000, turnover of 2.01, and ROI of 23.90%. Calculate the firm's margin, sales, and average total assets. (Round "Margin" answer to 1 decimal place and use the rounded answer for the subsequent computations.) Margin Sales Average total assets % 4
Required: a. Firm A has a margin of 11%, sales of $560,000, and ROI of 19%. Calculate the flirm's average total assets: b. Firm B has net income of $72,000, turnover of 1.20 , and average total assets of $900,000.Caiculate the firm's sales, margin, and ROI. c. Firm C has net income of $136,000, turnover of 201 , and ROI of 23,90%. Calculate the firm's margin, sales, and average total assets. Complete this question by entering your answers in the tabs below. Firm C has net income of $136,000, turnover of 2.01 , and ROI of 23.90%. Calculate the firm's margin, sales, and average total assets. (Round "Margin" answer to 1 decimal place and use the rounded answer for the subsequent computations.)
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: Flex AI - Your personal assistant for all your inquiries!