Pina Design Works generated $351,000 in operating income on sales revenue of $2,000,000. The company had $2,070,000 in assets on January 1 and $2,910,000 in assets on December 31.

(a-b)

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

Pinas margin

Enter margin in percentages rounded to 0 decimal placesEnter Pinas margin in percentages rounded to 0 decimal placesEnter margin in percentages rounded to 0 decimal placesEnter Pinas margin in percentages rounded to 0 decimal placesEnter margin in percentages rounded to 0 decimal places %

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

Pinas asset turnover

Enter asset turnover in times rounded to 2 decimal placesEnter Pinas asset turnover in times rounded to 2 decimal placesEnter asset turnover in times rounded to 2 decimal placesEnter Pinas asset turnover in times rounded to 2 decimal placesEnter asset turnover in times rounded to 2 decimal places times