Firm C has net income of $136,000, turnover of 1.91, and ROI of 24.0%. Calculate the firm's
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Question:
Firm C has net income of $136,000, turnover of 1.91, and ROI of 24.0%. Calculate the firm's margin, sales, and average total assets.
Margin is 12.6%
How to calculate sales and average total assets from information given?
Related Book For
Accounting What the Numbers Mean
ISBN: 978-1259535314
11th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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