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Question 1 of 7 > 7.25 / 14.5 View Policies Show Attempt History Current Attempt in Progress Martinez Design Works generated $347,760 in operating income
Question 1 of 7 > 7.25 / 14.5 View Policies Show Attempt History Current Attempt in Progress Martinez Design Works generated $347,760 in operating income on sales revenue of $2,484,000. The company had $1,760,000 in assets on January 1 and $2,840,000 in assets on December 31. (a-b) Your answer is correct. (a) Calculate Martinez's margin. (Round answer to 0 decimal places, e.g. 65%.) Martinez's margin 14 % (b) Calculate Martinez's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Martinez's asset turnover 1.08 times e Textbook and Media Attempts: 1 of 3 used (c) Calculate Martinez's return on investment. (Round answer to 2 decimal places, e.g. 5.12%.) Martinez's return on investment %
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