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.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
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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 >
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 >
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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ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College