Cheyenne Design Works generated $468,000 in operating income on sales revenue of $2,600,000. The company had $2,000,000 in assets on January 1 and $3,000,000 in assets on December 31.

(a-b)

(a) Calculate Cheyennes margin. (Round answer to 0 decimal places, e.g. 65%.)

Cheyennes margin

enter Cheyennes margin in percentages rounded to 0 decimal places %

(b) Calculate Cheyennes asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)

Cheyennes asset turnover

enter Cheyennes asset turnover in times rounded to 2 decimal places times