Monty’s asset turnover calculation

  Monty Design Works generated $531,920 in operating income on sales revenue of $2,659,600. The company had $2,010,000 in assets on January 1 and $2,870,000 in assets on December 31. (a) Calculate Monty’s margin. (Round answer to 0 decimal places, e.g. 65%.) Monty’s marginenter Monty’s margin in percentages rounded to 0 decimal places % (b) Calculate Monty’s asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Monty’s asset turnoverenter Monty’s asset turnover in times rounded to 2 decimal places times C. Calculate Monty’s return on investment. (Round answer to 2 decimal places, e.g. 5.12%.) Monty’s return on investmententer Monty’s return on investment in percentages rounded to 2 decimal places %