Required: a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net income.
Required: a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net income.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Required:
a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net
income.
Complete this question by entering your answers in the tabs below.
Required A Required B Required C
Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin,
turnover, and ROI.
Margin
Turnover
ROI
%6
96
< Required A
Required B >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6db4719a-9a82-4a68-9040-c81531e716f9%2F4652afae-2cac-4420-bdd2-55074b59699d%2Fvsg5d4c_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 60.00%, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net
income.
Complete this question by entering your answers in the tabs below.
Required A Required B Required C
Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin,
turnover, and ROI.
Margin
Turnover
ROI
%6
96
< Required A
Required B >
![Required:
a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 60.00 %, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net
income.
Complete this question by entering your answers in the tabs below.
Required A Required B Required C
Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total
assets.
Turnover
Average total assets
< Required A
Required C >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6db4719a-9a82-4a68-9040-c81531e716f9%2F4652afae-2cac-4420-bdd2-55074b59699d%2Fmjkr8z_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
a. Firm D has net income of $39,000, sales of $1,300,000, and average total assets of $650,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 60.00 %, average total assets of $325,000, and turnover of 4.00. Calculate the firm's sales, margin, and net
income.
Complete this question by entering your answers in the tabs below.
Required A Required B Required C
Firm E has net income of $141,600, sales of $2,360,000, and ROI of 12%. Calculate the firm's turnover and average total
assets.
Turnover
Average total assets
< Required A
Required C >
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