PDA

View Full Version : What are the sales if the invested assets were 1,200,000, Profit margin is 25%, and r

Buggy2874
Nov 3, 2013, 08:36 PM
If the invested assets are 1,200,000, Profit margin is 25%, and the return on Investment is 30%,
What are the sales?
rehmanvohra
Nov 3, 2013, 11:33 PM
Net Income = 1,200,000 * .30 = 360,000
Sales = 360,000/.25 = 1,440,000