?(Analyzing

operating return on

assets?)

The D. A. Winston Corporation earned an operating profit margin of

10.6

percent based on sales of

?$10.4

million and total assets of

?$5.6

million last year.

a. What was? Winston's total asset turnover? ratio?

b. During the coming year the company president has set a goal of attaining a total asset turnover of

3.3

How much must firm sales? rise, other things being the? same, for the goal to be? achieved? (State your answer in both dollars and percentage increase in? sales.)

c. What was? Winston's operating return on assets last? year? Assuming the? firm's operating profit margin remains the? same, what will the operating return on assets be next year if the total asset turnover goal is? achieved?