Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year Sales $807,670,000 Less: Variable expenses 542,668,000 Contribution margin $265,002,000 192,398,000 Less: Fixed expenses Operating income $72,604,000 At the beginning of last year, Elway had $38,610,000 in operating assets. At the end of the year, Elway had $41,377,000 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 % relative to its Investment in assets. The greater the ROI, the efficiently the 4. ROI measures a company's ability to generate company is generating from its assets. Return on Investment, Margin, Turnover Data follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 Sales $9,310,000 $7,940,000 307,278 Operating income 523,222 Average operating assets 18,254,902 17,644,444 Required: 1. Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decimal places. Year 1 Year 2 Margin % % Turnover 2. Compute the ROI for the Construction Division for each year. Note: Enter percentage to two decimal places. ROI year 1 % RI year 2 %