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Calculate Marigold asset turnover

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Question - Marigold Design Works generated $560,680 in operating income on sales revenue of $2,803,400. The company had $2,370,000 in assets on January 1 and $2,870,000 in assets on December 31.

(a) Calculate Marigold's margin.

(b) Calculate Marigold's asset turnover.

Reference no: EM133187129

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