Firm M has a margin of 9%, turnover of 1.6, sales of $800,000, and average stockholders' equity of $360,000. Calculate Firm M's net income.
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Firm M has a margin of 9%, turnover of 1.6, sales of $800,000, and average stockholders' equity of $360,000. Calculate Firm M's net income.
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- Firm M has a margin of 12%, turnover of 1.5, sales of $870,000, and average stockholders' equity of $360,000. Calculate Firm M’s average total assets, net income, return on investment (ROI), and return on equity (ROE).A firm has sales of $800, total assets of $500, and a debt/equity ratio of 1.5. If its return on equity is 18%, what is its net income?King, Inc. has sales of $900,200, total assets of $1,200,100, and a profit margin of 10.68 percent. The firm has a total debt ratio of 80 percent. What is the return on equity?
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