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a. Firm A has a margin of 14%, sales of $640,000, and ROI of 18%. Calculate the firm's average...

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a. Firm A has a margin of 14%, sales of $640,000, and ROI of 18%. Calculate the firm's average total assets. b. Firm B has net income of $72,000, asset turnover of 1.40, and average total assets of $920,000. Calculate the firm's sales, margin, and ROI c. Firm C has net income of $142,000, asset turnover of 1.81, and ROI of 23.60%. 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 B has net income of $72,000, asset turnover of 1.40, and average total assets of $920,000. Calculate the firm's sales, margin, and ROI. Note: Round "Margin" and "ROI" answers to 1 decimal place. Sales Margin ROI % %

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Answer Step Firm A Turnover ROI Margin Turnover 18 14 View the full answer


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Accounting What the Numbers Mean

Accounting What the Numbers Mean

ISBN: 978-1259535314

11th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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Posted Date: March 17, 2023 06:50:36
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