Question
Blue Design Works generated $ 325,220 in operating income on sales revenue of $ 2,323,000. The company had $ 1,610,000 in assets on January 1
Blue Design Works generated $ 325,220 in operating income on sales revenue of $ 2,323,000. 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 Blues 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 Blues asset turnover in times rounded to 2 decimal places times |
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(c)
Calculate Blues return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)
Blues return on investment | enter Blues return on investment in percentages rounded to 2 decimal places % |
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