Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $766,310,000 Less: Variable expenses 553,512,000 Contribution margin $212,798,000 Less: Fixed expenses 193,723,000 Operating income $19,075,000 At the beginning of last year, Elway had $38,643,000 in operating assets. At the end of the year, Elway had $41,348,000 in operating assets. Required: 1. Compute average operating assets. $ 59,317,000 X 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin -2.49 % % 12.92 X Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. -32.17 X %