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Calculate the net income and total asset turnover

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Problem 1: 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: EM132910503

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