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Grouper Design Works generated $276,000 in operating income on sales revenue of $2,000,000. The company had $2,020,000 in assets on January 1 and $2,920,000 in

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Grouper Design Works generated $276,000 in operating income on sales revenue of $2,000,000. The company had $2,020,000 in assets on January 1 and $2,920,000 in assets on December 31. (a-b) (a) Calculate Grouper's margin. (Round answer to 0 decimal places, e.g. 65%.) % Grouper's margin (b) Calculate Grouper's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) times Grouper's asset turnover e Textbook and Media Save for Later Attempts: unlimited Submit

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