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Calculate Culver return on investment

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Reference no: EM133091385

Question - Culver Design Works generated $458,430 in operating income on sales revenue of $3,056,200. The company had $2,320,000 in assets on January 1 and $2,860,000 in assets on December 31.

(a) Calculate Culver's margin.

(b) Calculate Culver's asset turnover.

(c) Calculate Culver's return on investment.

Reference no: EM133091385

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