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Nakamura Company provided the following income statement for the last year: Line Item Description Amount Sales $853,600,000 Less: Variable expenses 555,325,000 Contribution margin $298,275,000 Less:

Nakamura Company provided the following income statement for the last year:

Line Item Description Amount
Sales $853,600,000
Less: Variable expenses 555,325,000
Contribution margin $298,275,000
Less: Fixed expenses 197,622,000
Operating income $100,653,000

At the beginning of last year, the company had $38,638,000 in operating assets. At the end of the year, the company had $41,354,000 in operating assets.

Required:

1. Compute average operating assets. fill in the blank 1 of 1$

2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin fill in the blank 1 of 2 % Turnover fill in the blank 2 of 2

3. Compute 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 %

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