Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   What are the sales if the invested assets were 1,200,000, Profit margin is 25%, and r (https://www.askmehelpdesk.com/showthread.php?t=773806)

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

    • All times are GMT -7. The time now is 03:59 AM.