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Sales 13,000,000 Variable expenses 8,600,000 Contribution margin 4,400,000 Fixed expenses 2,940,000 Net operating income 1,460,000 The Company's average operating assets were $8,000,000. It's minimum required

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Sales 13,000,000 Variable expenses 8,600,000 Contribution margin 4,400,000 Fixed expenses 2,940,000 Net operating income 1,460,000 The Company's average operating assets were $8,000,000. It's minimum required return was 15%. 1. What is the company's margin percentage? 2. What is the company's turnover? 3. What is the company's return on investment? 4. What is the company's residual income? Enter your answers in the same order as above. A/ A/ A/ A/

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