Net income-return on investment and return on equity

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Reference no: EM13862504

Firm M has a margin of 6%, turnover of 1.6, sales of $980,000, and average stockholders' equity of $525,000.

Required:

Calculate Firm M’s average total assets, net income, return on investment (ROI), and return on equity (ROE).

Reference no: EM13862504

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