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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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?

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Accounting What the Numbers Mean

ISBN: 978-1259535314

11th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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Posted Date: Feb 29, 2024 05:08 AM

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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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Margin MarginNet IncomeSales100 Turnover TurnoverSalesAverage Total Assets Return on Investment ROI ... View the full answer

Accounting What the Numbers Mean

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