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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,
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 $ in operating assets. At the end of the year, Elway had $ in operating assets. Required: Compute average operating assets. s Compute the margin as a percent and turnover ratios for last year. If required, round your answers to two decimal places. Margin Turnover Compute ROI as a percent. Use the part final answers in these calculations and round the final answer to two decimal places.
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 $ in operating assets. At the end of the year, Elway had $ in operating assets.
Required:
Compute average operating assets.
s
Compute the margin as a percent and turnover ratios for last year. If required, round your answers to two decimal places.
Margin
Turnover
Compute ROI as a percent. Use the part final answers in these calculations and round the final answer to two decimal places.
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