you ent/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false formance eBook Calculator Margin, Turnover, Return on Investment, Average Operating Assets C Elway Company provided the following income statement for the last year: Sales Less: Variable expenses Contribution margin Less: Fixed expenses $712,360,000 553,621,000 $158,739,000 191,150,000 $-32,411,000 Operating income At the beginning of last year, Elway had $38,689.000 in operating assets. At the end of the year, Elway had 541,357,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the magica a percent and turnover ratios for last vear it required. Found your answers to two decimal places Margin Turnover 3. Compre ROI 35 percent. Use the part mar answers in these calculations and round the final answer to two decimal places 4. ROI measures a company's ability to generate related to thesent in assets. The greater the ROI, the here to search CAD A S D 3:20 PM 14/11/20120 you ent/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false formance eBook Calculator Margin, Turnover, Return on Investment, Average Operating Assets C Elway Company provided the following income statement for the last year: Sales Less: Variable expenses Contribution margin Less: Fixed expenses $712,360,000 553,621,000 $158,739,000 191,150,000 $-32,411,000 Operating income At the beginning of last year, Elway had $38,689.000 in operating assets. At the end of the year, Elway had 541,357,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the magica a percent and turnover ratios for last vear it required. Found your answers to two decimal places Margin Turnover 3. Compre ROI 35 percent. Use the part mar answers in these calculations and round the final answer to two decimal places 4. ROI measures a company's ability to generate related to thesent in assets. The greater the ROI, the here to search CAD A S D 3:20 PM 14/11/20120