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Concord Design Works generated $694,980 in operating income on sales revenue of $3,159,000. The company had $2,590,000 in assets on January 1 and $2,810,000 in
Concord Design Works generated $694,980 in operating income on sales revenue of $3,159,000. The company had $2,590,000 in assets on January 1 and $2,810,000 in assets on December 31.
(a-b)
(a) Calculate Concords margin. (Round answer to 0 decimal places, e.g. 65%.)
Concords margin | enter Concords margin in percentages rounded to 0 decimal places % |
(b) Calculate Concords asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)
Concords asset turnover | enter Concords asset turnover in times rounded to 2 decimal places times |
(c)
Calculate Concords return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)
Concords return on investment | enter Concords return on investment in percentages rounded to 2 decimal places % |
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