(Answered) Bethlehem corporation had 1083000 in sales which resulted

Accounting

Bethlehem Corporation had $1,083,000 in sales which resulted in operating income of $53,067. On January 1, Bethlehem reported $985,500 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $538,200 in assets.

(a) Calculate Bethlehem's margin.

(b) Calculate Bethlehem's asset turnover

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