Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $822,050,000 Less: Variable expenses 551,527,000 Contribution margin $270,523,000 Less: Fixed expenses 197,792,000 Operating income $72,731,000 At the beginning of last year, Elway had $38,635,000 in operating assets. At the end of the year, Elway had $41,352,000 in operating assets. 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 decimal places. %