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Blue Design Works generated $279,000 in operating income on sales revenue of $2,000,000. The company had $1,610,000 in assets on January 1 and $2,990,000 in
Blue Design Works generated $279,000 in operating income on sales revenue of $2,000,000. The company had $1,610,000 in assets on January 1 and $2,990,000 in assets on December 31.
(a-b)
(a) Calculate Blues margin. (Round answer to 0 decimal places, e.g. 65%.)
Blues margin | Enter margin in percentages rounded to 0 decimal placesEnter Blues margin in percentages rounded to 0 decimal placesEnter margin in percentages rounded to 0 decimal placesEnter Blues margin in percentages rounded to 0 decimal placesEnter margin in percentages rounded to 0 decimal places % |
(b) Calculate Blues asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)
Blues asset turnover | Enter asset turnover in times rounded to 2 decimal placesEnter Blues asset turnover in times rounded to 2 decimal placesEnter asset turnover in times rounded to 2 decimal placesEnter Blues asset turnover in times rounded to 2 decimal placesEnter asset turnover in times rounded to 2 decimal places times |
(c)
Calculate Blue designs return on investment. $ _____
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