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Firm D has net income of $83,700, sales of $2,790,000 and average

 

Customer Question

Firm D has net income of $83,700, sales of $2,790,000 and average total assets of $1,395,000. Calculate the firms margin, turnover and ROI.

Firm E has net income of $150,000, sales of $3,500,000, and ROI of 15%. Calculate the firms turnover and average total assets.

Firm F hs ROI of 12%, average total assets of $1,730,159, and turnover of 1.4. Calculate the firms sales, margin and net income. Round to the nearesst whole numbers.

 

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Country/State/Province of question: Ohio

Already Tried:
my own calcualations

Submitted: 361 days and 16 hours ago.
Category: Multiple Problems
Value: $50
Status: CLOSED

Accepted Answer

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Expert:  Bizhelp replied361 days and 15 hours ago.

Hi,

Thanks for the questions.

Please click here to download the solutions.

Hope this helps!

Expert TypeCPA
Category: Multiple Problems
Pos. Feedback: 99.2 %
Accepts: 249
Answered: 6/22/2012

Experience: BA degree and Certified Public Accountant

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