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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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