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Margin, Turnover, Return on Investment Pelak Company had sales of $4,887,000, expenses of $4,607,000, and average operating assets of $3,690,000. Required: If required, round your
Margin, Turnover, Return on Investment
Pelak Company had sales of $4,887,000, expenses of $4,607,000, and average operating assets of $3,690,000.
Required:
If required, round your answers to nearest whole value.
1.Compute the operating income.
$
2.Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.
Margin%Turnover
3.Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places.
%
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