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Calculate margin, net income, and ROE For the year ended December 31, 2013, Ebanks, Inc., earned… 1 answer below » Calculate margin, net income, and ROE For the year ended December 31, 2013, Ebanks, Inc., earned an ROI of 12%. Sales for the year were $150 million, and average asset turnover was 2.5. Average stockholders’ equity was $50 million. Required: a. Calculate Ebanks, Inc.’s margin and net income. b. Calculate Ebanks, Inc.’s return on equity. View complete question » Calculate margin, net income, and ROE For the year ended December 31, 2013, Ebanks, Inc., earned an ROI of 12%. Sales for the year were $150 million, and average asset turnover was 2.5. Average stockholders’ equity was $50 million. Required: a. Calculate Ebanks, Inc.’s margin and net income. b. Calculate Ebanks, Inc.’s return on equity. View less » Dec 04 2015 02:57 PM
