Calculate Sheffield return on investment

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Question - Sheffield Design Works generated $572,460 in operating income on sales revenue of $2,726,000. The company had $1,700,000 in assets on January 1 and $3,000,000 in assets on December 31.

Required -

(a) Calculate Sheffield's margin.

(b) Calculate Sheffield's asset turnover.

(c) Calculate Sheffield's return on investment.

Reference no: EM133088129

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