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Margin, Turnover, Return on Investment, Average Operating Assets

Elway Company provided the following income statement for the last year:

Sales	$758,350,000
Less: Variable expenses	559,514,000
Contribution margin	$198,836,000
Less: Fixed expenses	194,557,000
Operating income	$4,279,000

At the beginning of last year, Elway had $38,686,000 in operating assets. At the end of the year, Elway had $41,341,000 in operating assets.\

Compute average operating assets. fill in the blank ______

2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places.

Margin	fill in the blank %
Turnover	fill in the blank

3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. fill in the blank_____ %