Margin, Turnovec, Retum on Investment, Average Operating Assets Elway Company provided the folliawing income statement for the last year: At the beginning of last Year, Elway had $38,624,000 in operating assets. At the end of the year, Elway had $41,328,000 in operating assets. Requiredt 1. Compute averape operating assets 2. Compute the margin (as a percent) and turnover ratios for last vear. If required, round your answers to two decimal places. Margin Tumover 3. Compute ROr as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. 4. ROI measures a company's ablicy to generate irelative to its investment in assets. The greater the ROI, the ethoently the company is generating from its assets. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relotively high (as compared to the lower ROI of a typical manufocturing company). 1. Elway Company might be a service organization with relatively few physical assets required to generate its sales revenue and income. Rol will be higher when the