Assume that the average margin of maintenance service firms


Question - Assume that the average margin of maintenance service firms is 2.7%, and that the average ROI for such firms is also 16%. Calculate the net income, sales, and total asset turnover that Manyops, Inc., will have if the change to services is made and the firm is able to earn an average margin and achieve an 16% ROI. (Enter your "Sales" and "Net income" answers in millions (i.e., 10,000,000 should be entered as 10). Do not round intermediate calculations. Round your answers to 2 decimal places.))

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Accounting Basics: Assume that the average margin of maintenance service firms
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