Required: a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $132,000, sales of $2,200,000, and ROI of 9.6%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12%, average total assets of $1,500,000, and turnover of 0.8. 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 $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover, and ROI. Note: Do not round intermediate calculations. Round your answers to 1 decimal place. Margin Turnover ROI % %
Required: a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $132,000, sales of $2,200,000, and ROI of 9.6%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12%, average total assets of $1,500,000, and turnover of 0.8. 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 $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover, and ROI. Note: Do not round intermediate calculations. Round your answers to 1 decimal place. Margin Turnover ROI % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Required:
a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $132,000, sales of $2,200,000, and ROI of 9.6%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 12%, average total assets of $1,500,000, and turnover of 0.8. 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 $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin,
turnover, and ROI.
Note: Do not round intermediate calculations. Round your answers to 1 decimal place.
Margin
Turnover
ROI
%
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffac4b1b8-6a1a-44ad-8899-9e3dc5acdbbf%2F860af6db-e7b9-40f3-b0d2-49fb0a20a0ee%2Fo5jp4t_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin, turnover,
and ROI.
b. Firm E has net income of $132,000, sales of $2,200,000, and ROI of 9.6%. Calculate the firm's turnover and average total assets.
c. Firm F has ROI of 12%, average total assets of $1,500,000, and turnover of 0.8. 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 $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm's margin,
turnover, and ROI.
Note: Do not round intermediate calculations. Round your answers to 1 decimal place.
Margin
Turnover
ROI
%
%
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