Question: Exercise 3-11 (Algo) ROI analysis using the DuPont model LO 3 Required: Firm A has a margin of 12%, sales of $630,000, and ROI of
Exercise 3-11 (Algo) ROI analysis using the DuPont model LO 3 Required:
Firm A has a margin of 12%, sales of $630,000, and ROI of 19%. Calculate the firm's average total assets.
Firm B has net income of $74,000, turnover of 1.30, and average total assets of $860,000. Calculate the firm's sales, margin, and ROI.
Firm C has net income of $136,000, turnover of 2.01, and ROI of 23.40%. Calculate the firm's margin, sales, and average total assets.
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