Calculate the firm’s margin, turnover, and ROI
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Calculate the firm’s margin, turnover, and ROI

Assignment 2

Required:

a. Firm D has net income of $54,000, sales of $1,200,000, and average total assets of $750,000. Calculate the firm’s margin, turnover, and ROI.

b. Firm E has net income of $132,000, sales of $2,200,000, and ROI of 9.6%. Calculate the firm’s turnover and average total assets.

c. Firm F has ROI of 12%, average total assets of $1,500,000, and turnover of 0.8. Calculate the firm’s sales, margin, and net income.


Hint
Accounts and Finance Turnover is defined as the net sales produced by a corporate, to compute the accounts receivable turnover, start by addition of the beginning and ending accounts receivable and divide it by 2 to compute the average accounts receivable for the period. Take that number and divide it into the net credit sales for the year for the average accounts’ receivable turnover...
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