-Total asset turnover =? Round to two decimals place

-Operating profit margin=? Round to one decimal place

-Operating return on assets=? Round to one decimal place

-the new operating return on assets after the plant renovation is =? Round to one decimal place

-the pre-renovation rate of return on common equity is =? Round to one decimal place

-the new operating profits are=?

-the earnings before taxes are=?

-the net income available to common stockholders is=?

-the post renovation rate of return on common equity is=? Round to one decimal place

(Evaluating current and pro forma profiabaity) The annual sales for Snlco Inc. were $4.50 milion last year. All sales are on credit. The firmis and-of-year balance aheet and income statement were in the popup window: a. Calculate Saloo's total asset tumover, operating profit margin, and operating retum on assets. b. Saloo plans to renovate one of its plants, which will require an added imvestment in plant and equipment of $1.00milli. The firm will maintain its present debt ratio of 0.500 when financing the new investrent and expects sales to remain constant. The operating profit margin will rise to 13.0 percent. What will be the new operating return on assets for Saloo after the plont's renovation? c. Given that the plant renovation in part b occurs and Salco's interest expense rises by $50,000 per year, what will be the return earned on the common stockholders' investment? Compare this rate of return with that eamed before the renovation. a. Calculate Salco's total asset fumover, operating profit margin, and operating return on assets. The total asset turnover is x. (Round to two decimal places.) Click on the following icon in order to copy its contents into a spreadsheet)