Business, 02.12.2019 21:31 dread0

Margin, turnover, return on investment, average operating assets elway company provided the following income statement for the last year: sales $861,430,000 less: variable expenses 541,734,000 contribution margin $319,696,000 less: fixed expenses 196,426,000 operating income $123,270,000 at the beginning of last year, elway had $38,612,000 in operating assets. at the end of the year, elway had $41,310,000 in operating assets.
required:
1. compute average operating assets. $
2. compute the margin (as a percent) and turnover ratios for last year.
a. margin %
b. turnover
3. compute roi as a percent.
4. roi measures a company's ability to generate relative to its investment in assets. the greater the roi, the efficiently the company is generating from its assets.

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Margin, turnover, return on investment, average operating assets elway company provided the followin...

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