Dynex Company Had the Following Income Statement for Last Year

Essay

Dynex Company had the following income statement for last year:
Beginning assets were $280,000,and ending assets were $300,000
$\begin{array}{lr}\text { Sales } & \$ 200,000 \\\text { Less: COGS } & 100,000\\\text { Gross Frofit } & \$ 100,000 \\\text { Less: Selling \& Admin. Expense } & 40,000 \\\text { Operating income } & \$ 60,000\end{array}$ A. Average operating assets were $\$$ _____.
B. Margin was_____
C. Turnover was_____
D. Return on investment was_____ $\%$