FTR Company had the following income statement for last year: Sales $200,000 Less: COGS 100.000 Gross Profit $ 100,000 Less: Selling & Admin. Expense 40.000 Operating income $ 60.000 Beginning assets were $280,000, and ending assets were $300.000 Required: Calculate the following show your calculations a. Average operating assets b. [argin c. Turnover d. Return on investment