Mckenzie3300 Mckenzie3300
  • 13-12-2022
  • Business
contestada

Firm M has a margin of 6%, turnover of 1.6, sales of $980,000, and average stockholders' equity of $525,000.
Required: Calculate Firm M's average total assets, net income, return on investment (ROI) and return on equity (ROE).

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