Dempsey Company provided the following information for last year:

Operating income	$86,000
Sales	$225,000
Beginning operating assets	$390,000
Ending operating assets	$420,000

1. Refer to Figure 12-1. Calculate Dempsey's margin for last year, rounding to two decimal places.

	a.	2.0
	b.	0.26
	c.	0.38
	d.	0.50
	e.	0.35

2. Refer to Figure 12-1. Dempsey's turnover ratio for last year was

	a.	2.0.
	b.	0.46.
	c.	0.56.
	d.	0.32.
	e.	0.10.

3. Refer to Figure 12-1. Dempsey's return on investment for last year was

	a.	2.0.
	b.	0.21.
	c.	0.32.
	d.	0.50.
	e.	0.15.