View Policies\ Current Attempt in Progress\ Pronghorn Design Works generated

$315,840

in operating income on sales revenue of

$2,632,000

. The company had

$1,860,000

in assets on January 1 and

$2,840,000

in assets on December 31 .\

(a-b)

\ (a) Calculate Pronghorn's margin. (Round answer to 0 decimal places, e.g. 65%.)\ Pronghorn's margin

%

\ (b) Calculate Pronghorn's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)\ Pronghorn's asset turnover times\ eTextbook and Media\ Attempts: 0 of 3 used

Pronghorn Design Works generated $315,840 in operating income on sales revenue of $2,632,000. The company had $1,860,000 in assets on January 1 and $2,840,000 in assets on December 31