please answer questions 1-3

Calculator UNLU Cator &inprogress=false XL Elway Company provided the following income statement for the last year: Sales Less: Variable expenses $731,470,000 Contribution margin 543,009,000 $188,461,000 Less: Fixed expenses 193,258,000 Operating income $-4,797,000 At the beginning of last year, Elway had $38,617,000 in operating assets. At the end of the year, Elway had $41,333,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places Margin Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places eficiently the relative to its investment in assets. The greater the ROI, the less 4. ROI measures a company's ability to generate income company is generating from its assets. (Previous Next SPM A A VI/2020 Check My Work 5 more Check My Work uses remaining Localor=&inprogress=false Calculator Elway Company provided the following income statement for the last year: Sales Less: Variable expenses Contribution margin Less: Fixed expenses $731,470,000 543,009,000 $188,461,000 193,258,000 $-4,797,000 Operating income At the beginning of last year, Elway had $38,617,000 in operating assets. At the end of the year, Elway had $41,333,000 in operat Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places Margin Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. % relative to its investment in assets. The greater the ROI, the less 4. ROI measures a company's ability to generate income company is generating from its assets. (Pro Check My Work 5 more Check My Work uses remaining