Question: Answer correctly please. Required: a. Firm A has a margin of 10%, sales of $530,000, and ROI of 18% Calculate the firm's average total assets.

Answer correctly please. Answer correctly please. Required: a. Firm A has a margin of 10%,

Required: a. Firm A has a margin of 10%, sales of $530,000, and ROI of 18% Calculate the firm's average total assets. b. Firm B has net income of $72,000, turnover of 1.50, and average total assets of $870,000. Calculate the firm's sales, margin, and ROI c. Firm C has net income of $142,000, turnover of 1.91, and ROI of 23.20%. Calculate the firm's margin, sales, and average total assets. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Firm C has net income of $142,000, turnover of 1.91, and ROI of 23.20%. 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 12.1 $ 1.169,052 % $ 612,069

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!