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Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had $38,622,000 in operating assets. At the end of the year, Elway had $41,354,000 in operating ass Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin Turnover 3. Compute ROI as a percent. Use the part. 2 final answers in these calculations and round the final answer to two decinar places. 4. pot measures a company's ablity to generate 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the finat answer to two decimal places. 4. Rol measures a company's ability to generate relative to its investment in assets. The greater the RoI, the efficiently the company is generating from its assets. 5. CONCEP Ecriow Comment on why the RoI for Elway Company is relatively high (as compared to the lower Rol of a typical manifactunin 1. Elway Company might be a service organization with relatively few ohysical assets required to generate its sales revenue and income. Ror will be higher when the factors that create a company's sales or income are not formally recognized as assets (e.0. human talent). 2. Eway Company might be a service organization with relatively few physical assets required and penerates an income much higher than any manufacturing organization. Rot wil be higher when the factors that create a company's sales or income are not formally recognized as assets (e.g. human talent). 3. Elway Company might be a service organization with relatively few shysical assets required and generates an income much higher than any