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Indigo Design Works generated $547,200 in operating income on sales revenue of $2,736,000. The company had $1,590,000 in assets on January 1 and $2,970,000 in
Indigo Design Works generated $547,200 in operating income on sales revenue of $2,736,000. The company had $1,590,000 in assets on January 1 and $2,970,000 in assets on December 31.
(a-b)
(a) Calculate Indigos margin. (Round answer to 0 decimal places, e.g. 65%.)
Indigos margin | enter Indigos margin in percentages rounded to 0 decimal places % |
(b) Calculate Indigos asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)
Indigos asset turnover | enter Indigos asset turnover in times rounded to 2 decimal places times |
(c)
Calculate Indigos return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)
Indigos return on investment | enter Indigos return on investment in percentages rounded to 2 decimal places % |
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