Question: 1. Wellington Woolens Company reported a 6% operating margin on sales, a 12% pretax operating return on total assets, and $500 million of average total

1. Wellington Woolens Company reported a 6% operating margin on sales, a 12% pretax operating return on total assets, and $500 million of average total assets. Compute the 

(a) Operating income, 

(b) Total sales, and 

(c) Total asset turnover.

2. Osaka Electronics Corporation reported ¥200 million of sales, ¥20 million of operating income, and a total asset turnover of four times. (¥ is Japanese yen.) Compute the

(a) Total assets, 

(b) Operating return on sales, and 

(c) Pretax operating return on total assets.

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