Exercise 10-8 (Part Level Submission) Concord Design Works generated $271,000 in operating income on sales revenue of $2,000,000. The company had $2,590,000 in assets on January 1 and $2,870,000 in assets on December 31. (a-b) Your answer is correct. (a) Calculate Concord's margin. (Round answer to O decimal places, e.g. 65%.) 13.55 Concord's margin (b) Calculate Concord's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) 0.73 Concord's asset turnover times Click if you would like to Show Work for this question: Open Show Work