Use word file so that it can be edited

This is all the information that has been provided to me

A firm with manufacturing facilities is currently running at 40% capacity. Its B/S is summarized as follows (in millions of dollars): A/R Inventory Plant assets Financial liabilities Common equity 2.0 8.0 22.0 8.0 24.0 The firm is generating sales of $64.0 million from its current production, earning an after-tax operating profit margin of 7.5%. [NOPAT/Sales = 7.5%] Required: a. Calculate the firm's return on net operating assets, RNOA = NOPAT/NOA, it's A/R turnover, its INV turnover = Sales/Inventory, its turnover on plant assets = Sales/Plant assets, its total assets turnover = Sales/Total assets. (6 marks) b. The firm has a required rate of return of 10% for its operations (WACC = 10%]. Value the firm (its core operations) using the formula: [RNOA-WACC]*NOA Value of the firm = NOA + where NOA its net operating assets. W ACC (4 marks) C. Suppose the firm were to sell at 80% capacity of its plant with no change in selling prices or profit margins (and so earned revenues of $64*2=$128 million). A/R and Inventory would increase to maintain the same A/R and Inventory turnovers as before. Calculate the value of the firm. (6 marks) Identify the aspects of the operations that have increased the value of the firm over that calculated in (b). (3 marks) d. Repeat the calculations in (c.) if the firm were to sell products at 100%. (6 marks)