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Sheffield Design Works generated $ 367,080 in operating income on sales revenue of $ 2,622,000....

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Accounting

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Sheffield Design Works generated $ 367,080 in operating income on sales revenue of $ 2,622,000. The company had $ 1,710,000 in assets on January 1 and $2,850,000 in assets on December 31. (a-b) Your answer is partially correct. (a) Calculate Sheffield's margin. (Round answer to 0 decimal places, e.g. 65%) Sheffield's margin 14 % (b) Calculate Sheffield's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Sheffield's asset turnover times (c) Calculate Sheffield's return on investment (Round answer to 2 decimal places, e.g. 5.12%.) Sheffield's return on investment 96 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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