Firm m has a margin of 12 turnover of 12 sales of 960000
Question - Firm M has a margin of 12%, turnover of 1.2, sales of $960,000, and average stockholders' equity of $450,000.
Required: Calculate Firm M's average total assets, net income, return on investment (ROI), and return on equity (ROE).
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question - firm m has a margin of 12 turnover of 12 sales of 960000 and average stockholders equity of 450000required
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