Calculate the firm turnover and average total assets


Response to the following :

ROI analysis using the DuPont model

a. Firm D has net income of $66,640, sales of $2,380,000, and average total assets of $680,000. Calculate the firm's margin, turnover, and ROI.

b. Firm E has net income of $300,000, sales of $5,000,000, and ROI of 12%. Calculate the firm's turnover and average total assets.

c. Firm F has ROI of 17.4%, average total assets of $2,700,000, and turnover of 1.2. Calculate the firm's sales, margin, and net income. Round your answers to the nearest whole numbers.

 

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Financial Accounting: Calculate the firm turnover and average total assets
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