Pronghorn Design Works generated $315,840 in operating income on sales revenue of $2,632,000. The company had...

 

 

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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 O 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 eTextbook and Media Save for Later times Attempts: 0 of 3 used Submit Answer 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 O 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 eTextbook and Media Save for Later times Attempts: 0 of 3 used Submit Answer

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