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Pelak Company had sales of $4,916,000, expenses of $4,361,000, and average operating assets of $3,690,000. Required: 1. Compute the operating income. 2. Compute the margin

Pelak Company had sales of $4,916,000, expenses of $4,361,000, and average operating assets of $3,690,000.

Required:

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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