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Exercise 10-8 (Part Level Submission) Ayayai Design Works generated $246,000 in operating income on sales revenue of $2,000,000. The company had $2,180,000 in assets on

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Exercise 10-8 (Part Level Submission) Ayayai Design Works generated $246,000 in operating income on sales revenue of $2,000,000. The company had $2,180,000 in assets on January 1 and $2,980,000 in assets on December 31. (a-b) (a) Calculate Ayayai's margin. (Round answer to 0 decimal places, e.g. 65%.) Ayayai's margin (b) Calculate Ayayai's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Ayayai's asset turnover times

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