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.

%