Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. Firm D has net income of $22,000, sales of $860,000, and average total assets

ID: 2484757 • Letter: 1

Question

1. Firm D has net income of $22,000, sales of $860,000, and average total assets of $490,000. Calculate the firm's margin, turnover, and ROI. (Do not round intermediate calculations. Round your answers to 1 decimal place. (e.g., 32.1))

B. Firm E has net income of $78,000, sales of $1,000,000, and ROI of 12%. Calculate the firm's turnover and average total assets. (Do not round intermediate calculations. Round your "turnover" to 1 decimal place. (e.g., 32.1))

Turnover _______

Avergae Total Assets _________

C. Firm F has ROI of 12.6%, average total assets of $1,803,200, and turnover of 1.8. Calculate the firm's net income, sales, and margin. (Do not round intermediate calculations. Round your margin value to 1 decimal place. (e.g., 32.1))

Net Income ___________

Sales _____________

Margain ____________%

1. Firm D has net income of $22,000, sales of $860,000, and average total assets of $490,000. Calculate the firm's margin, turnover, and ROI. (Do not round intermediate calculations. Round your answers to 1 decimal place. (e.g., 32.1))

Margain    % Turnover ROI %

B. Firm E has net income of $78,000, sales of $1,000,000, and ROI of 12%. Calculate the firm's turnover and average total assets. (Do not round intermediate calculations. Round your "turnover" to 1 decimal place. (e.g., 32.1))

Turnover _______

Avergae Total Assets _________

C. Firm F has ROI of 12.6%, average total assets of $1,803,200, and turnover of 1.8. Calculate the firm's net income, sales, and margin. (Do not round intermediate calculations. Round your margin value to 1 decimal place. (e.g., 32.1))

Net Income ___________

Sales _____________

Margain ____________%

Explanation / Answer

1 Margin $ 22,000 / $ 860,000 2.56% Turnover $ 860,000 / $ 490,000                1.76 ROI $ 22,000 / $ 490,000 4.49% B Average Total Assets $ 78,000 /12% $   6,50,000 Turnover $ 1,000,000 /$ 650,000                1.54 C Net Income $ 1,803,200 x 12.6% $   2,27,203 Sales $ 1,803,200 x 1.8 $ 32,45,760 Margin $ 227,203 /$ 3,245,760 7.00%