C !! Apps mathxl.com/Student/Player Homework.aspx?homeworkid=5591343618questionid=1&flushed-false&cid=5922259&back=https://www.mathxl.com/Student/DoAssi... Welcome to LADWP The John Stewart. Company Director... Rentals Available Culver City > Onli... Workspace Webm. YouTube Maps >> 1 Other Bookmarks FIN-320-24100 Principles of Finance 20EW4 Omar Bray : | 03/27/20 4:50 PM Homework: 4-2 MyFinanceLab Assignment Save 6 of 12 (5 complete) HW Score: 37.33%, 18.67 of 50 pts Score: 0 of 4 pts P4-8 (similar to) Question Help (Related to Checkpoint 4.3) (Analyzing Profitability) In 2016, the Allen Corporation had sales of $70 million, total assets of $50 million, and total liabilities of $20 million. The interest rate on the company's debt is 5.8 percent, and its tax rate is 35 percent. The operating profit margin is 14 percent. a. Compute the firm's 2016 net operating income and net income. b. Calculate the firm's operating return on assets and return on equity. (Hint: You can assume that interest must be paid on all of the firm's liabilities.) a. Compute the firm's 2016 net operating income and net income. UND BESONDOS The firm's 2016 net operating income is $ million. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check