NEED ASSISTANCE

Ayayai Design Works generated $242,000 in operating income on sales revenue of $2,200,000. The company had $1,600,000 in assets on January 1 and $2,800,000 in assets on December 31.

(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

enter Ayayai's asset turnover in times rounded to 2 decimal places times