1. Pollux Company had the following income statement for last year:

Sales	$360,000
Less: Cost of goods sold	195,000
Gross margin	$165,000
Less: Selling & administrative expense	78,600
Operating income	$ 86,400

Beginning assets were $565,000 and ending assets were $597,000. (Carry computations out to three decimal places.)

A.	What are average operating assets?
B.	What is margin?
C.	What is turnover?
D.	What is ROI?