Margin, Turnover, Return on Investment

Pelak Company had sales of $5,003,000, expenses of $4,443,000, and average operating assets of $3,690,000.

Required:

1. Compute the operating income. fill in the blank 1 of 1$

2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place. Margin fill in the blank 1 of 2 % Turnover fill in the blank 2 of 2

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. fill in the blank 1 of 1 %