false Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: $737,660,000 556,949,000 $180,711,000 196,840,000 $-16,129,000 Operating income At the beginning of last year, Elway had $38,678,000 in operating assets. At the end of the year, Elway had $41,346,000 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 0022x% Turnover 18.44 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places to its 4. ROI measures a company's ability to generate in assets. The areater the ROL, the 1019 AM dr .mo