ive got the first part done i cant figure out the two parts to c. Salcos annual sales were 4.61 million

balance sheet

income statement

. Calculate Salco's total asset turnover, operating profit margin, and operating return on assets. .. Salco plans to renovate one of its plants and the renovation will require an added investment in plant an quipment of $1.07 million. The firm will maintain its present debt ratio of 50 percent when financing the ne nvestment and expects sales to remain constant. The operating profit margin will rise to 13.1 percent. Wh 5. Given that the plant renovation in part (b) occurs and Salco's interest expense rises by $47,000 per year. what will be the return earned on the common stockholders' investment? The new return on owners' equity is %. (Round to one decimal place.) Current assets Net fixed assets $500,000 1,517,000 $2,017,000 Liabilities Owners' equity Total $1.008,500 1.008,500 $2,017,000 Total Assets Sales Less: Cost of goods sold Gross profit Less: Operating expenses Net operating income Less: Interest expense Earnings before taxes Less: Taxes (35%) Net income $4,610,000 e (3,502,000) $1,108,000 (496,000) A $612,000 (98,000) $514,000 (179.900) $334 100