- ACC-650 TOPIC 7 Assignment Question 4 of 12

ACC-650 TOPIC 7 Assignment Question 4 of 12 View Policies Show Attempt History Current Attempt in Progress 0/5 Swifty Design Works generated $584,430 in operating income on sales revenue of $2,783,000. The company had $1,700,000 in assets on January 1 and $2,900,000 in assets on December 31. (a-b) X Your answer is incorrect. (a) Calculate Swifty's margin. (Round answer to O decimal places, e.g. 65%.) Swifty's margin 0.21 % (b) Calculate Swifty's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Swifty's asset turnover eTextbook and Media Save for Later Your answer is incorrect. times Calculate Swifty's return on investment. (Round answer to 2 decimal places, e.g. 5.12%.) Swifty's return on investment eTextbook and Media Save for Later Last saved 7 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Attempts: 2 of 3 used Attempts: 1 of 3 used Submit Answer Submit Answer