Required a Firm A has a margin of 11 , sales of $530,000, and ROI of 17 Calculate the firm's average total assets b Firm B has net income of $70,000, asset turnover of 1 40, and average total assets of $900,000 Calculate the firm's sales, margin, and ROI c Firm C has net income of $142,000, asset ...

a The formula for calculating average total assets is SalesROI This formula assumes that a companys return on investment ROI is equal to its profit ma ...

Required: a. Firm A has a margin of 11%, sales of $530,000, and ROI of 17%....

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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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Required: a. Firm A has a margin of 11%, sales of $530,000, and ROI of 17%....

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Accounting What the Numbers Mean

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