(Answered) Testbank exercise 2 bethlehem corporation had 1079000 in

Accounting

Testbank Exercise 2 Bethlehem Corporation had $1,079,000 in sales which resulted in operating income of $66,898. On January 1, Bethlehem reported $964,,600 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $547,700 in assets.

Calculate Bethlehem's margin. (Round answer to 1 decimal place, e.g. 1.6%.)

Calculate Bethlehem's asset turnover.

Calculate Bethlehem's return on investment.

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