Question

How can I figure out the 2017 net margin and return on equity when I only have percentages from the past two years to work with? [For 2017, my net income is $83,642.39, my gross revenue is $370,875]

	2017	2016	2015	Industry Standard
Quick Ratio	1.84	2.2	2.8	1.75
Gross Margin	0.59	0.55	0.7	0.7
Net Margin		0.22	0.32	0.24
Return on Equity		0.9	0.78	0.8

Answer 1

		AMT. IN $
ANSWER :-	NET MARGIN	?
	RETURN ON EQUITY	?
	NET INCOME	83642.39
	GROSS REVENUE	370875
		2017	2016	2015	Industry standard
	quick ratio 1.84		2.2	2.8	1.75
	gross margin 0.59		0.55	0.7	0.7
WN 1	net margin	0.23	0.22	0.32	0.24
WN2	return on equity	0.80	0.9	0.78	0.8
WN 1	NET MARGIN	NET INCOME/GROSS REVENUE
		83642.39/370875
		0.23
WN2	ASSUMING INDUSTRY STANDARD FOR ROE FOR THE YEAR 2017
	RETURN ON EQUITY	0.8
	NET INCOME/EQUITY	0.8
	EQUITY	83642.39/0.8
	EQUITY	104552.99
	RETURN ON EQUITY	83642.39/104552.99
	RETURN ON EQUITY	0.80