eBook Margin, Turnover, Return on investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $814,890,000 Less: Variable expenses 555,200,000 Contribution margin $259,690,000 Less: Fived expenses 193,858,000 Operating income $65,832,000 At the beginning of last year, Elway had $38,658,000 in operating assets. At the end of the year, Elway had $41,351,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for fast year. It required, round your answers to two decimal places Margin Turnover 3. Computerol as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places