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Flounder Design Works generated $519,750 in operating income on sales revenue of $2,887,500. The company had $2,610,000 in assets on January 1 and $2,890,000 in

Flounder Design Works generated $519,750 in operating income on sales revenue of $2,887,500. The company had $2,610,000 in assets on January 1 and $2,890,000 in assets on December 31.

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

Flounders margin enter Flounders margin in percentages rounded to 0 decimal places %

(b) Calculate Flounders asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)

Flounders asset turnover enter Flounders asset turnover in times rounded to 2 decimal places times

Calculate Flounders return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)

Flounders return on investment enter Flounders return on investment in percentages rounded to 2 decimal places %

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