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Culver Design Works generated $458,430 in operating income on sales revenue of $3,056,200. The company had $2,320,000 in assets on January 1 and $2,860,000 in

Culver Design Works generated $458,430 in operating income on sales revenue of $3,056,200. The company had $2,320,000 in assets on January 1 and $2,860,000 in assets on December 31.

(a-b)

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

Culver's Margin (%) = t (b) Calculate Culver's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)

Culver's Asset Turnover (times) =

(c) Calculate Culver's return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)

Culver's Return on Investment (%) =

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