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Calculate net income, margin, and sales required

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Question - Calculate net income, margin, and sales required for Mindspin Labs to achieve its target ROI as a manufacturing firm.

 -Assume that the average margin of maintenance service firms is 2.5%, and that the average ROI for such firms is also 18%. Calculate the net income, sales, and total asset turnover that Mindspin Labs will have if the change to services is made and the firm is able to earn an average margin and achieve an 18% ROI.

-Assume that the average margin of maintenance service firms is 2.5%, and that the average ROI for such firms is also 18%. Calculate the net income, sales, and total asset turnover that Mindspin Labs will have if the change to services is made and the firm is able to earn an average margin and achieve an 18% ROI.

Reference no: EM133005838

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